EV Tax Credit

Auto company General Motors Co (NYSE:GM) could see shares hit new highs for the 2025 year with a strong earnings report Tuesday before market open. Here are the analyst estimates and key items to watch. Earnings Estimates: Analysts expect General Motors to report second-quarter revenue of $45.57...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has spoken out about the “Big Beautiful Bill” backed by President Donald Trump and Congress on several occasions. The bill will make it more expensive for consumers to buy electric vehicles and provide less credits for EV companies. One analyst...

An electric vehicle company backed by billionaire Jeff Bezos is one of the companies that will be hurt by the ending of the $7,500 federal tax credit. What Happened: The passage of the “Big Beautiful Bill” by Congress and President Donald Trump will end the $7,500 EV tax credit in...

The ongoing public feud between Elon Musk and President Donald Trump has taken a toll on Tesla Inc. (NASDAQ:TSLA) stock, which slumped following Musk’s latest criticisms. On Thursday, the stock fell 2.6% during the pre-market session. What Happened: Tesla’s stock took a hit as Musk...

Automotive giant Ford Motor Company (NYSE:F) could highlight how the new White House administration is changing focus on business lines when the company reports fourth-quarter financial results after market close Wednesday. Earnings Estimates: Analysts expect Ford to report fourth-quarter revenue...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has turned increasingly political in recent years, a move that may have hurt the brand value of the electric vehicle company. While Musk is OK with supporting President Donald Trump and the end of the $7,500 federal tax credit, the billionaire also has his eyes...

Electric vehicle company Tesla Inc (NASDAQ:TSLA) is likely to put an emphasis on future new models and technology progress for autonomous vehicles when the company reports fourth-quarter financial results after market close Wednesday. Earnings Estimates: Analysts expect Tesla to report fourth-...

Rivian Automotive (NASDAQ:RIVN) CEO RJ Scaringe is brushing off concerns that Donald Trump’s proposed elimination of the $7,500 EV federal tax credit could mark the end of electric vehicles. While Scaringe believes his company is positioned well for the future of EV growth, he warns that the...

Consumers eyeing electric vehicles (EVs) are now in for a treat as the U.S. Department of the Treasury and the Internal Revenue Service (IRS) revamped the $7,500 EV tax credit system. Instead of waiting for a tax return to feel the $7,500 benefit, the savings are now immediate. This significantly...