Trump Nears Decision On Scrapping $7500 EV Tax Credit - Is Open To Chinese Automakers Setting Up North American Factories

Donald Trump has suggested he could axe the $7,500 federal EV tax credit, despite recently changing his stance on electric vehicles after receiving strong support from Tesla chief executive Elon Musk.

 

The former president, and current Republican presidential candidate, told the media after a campaign event in York, Pennsylvania, that he doesn’t like tax incentives, but cautioned he has yet to make a final decision on the EV credit.