Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried? [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Now that Biden has lost and President-Elect Donald Trump is ready to take over, a lot is likely to change, and today is the first concrete evidence of that. Today, information surfaced suggesting that the incoming Trump administration will seek to end the $7,500 tax credit. On the campaign trail, Trump has long been preaching in favor of removing regulations on the fossil fuel industry so that the country can “unlock American energy” while eliminating subsidies for EVs. Trump has explained that he is not against EVs per se, but is against funding expensive subsidies for them. Are the EV credit removal grounds for selling Tesla ( TSLA shares? Below are 5 Reasons to stay bullish on Tesla, including: The EV Tax Credit Removal is Priced In Donald Trump has pushed for the removal of EV tax credits throughout his campaign, and once he was elected, investors who have paid attention have already priced the news in. Before the tax credit news, TSLA shares had run $100 in a straight line.
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TSLA
Earnings
- 10/23/24 - Beat
TSLA
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/8/24 - Form 144
- TSLA's page on the SEC website