Losing the $7,500 Electric Vehicle Credit Could Be Devastating to Tesla
Tesla(TSLA) The Motley Fool·2024-11-16 21:30
President-elect Trump wants to eliminate the $7,500 tax credit on electric vehicles, which would hurt Tesla the most.Tesla (TSLA 3.07%) has been the biggest beneficiary of the $7,500 electric vehicle tax credit, but it may be on life support in the next administration. In this video, Travis Hoium shows just how important this is to the company's cash flows.*Stock prices used were end-of-day prices of Nov. 14, 2024. The video was published on Nov. 14, 2024. ...