No more $7,500 tax credit for electric cars.
That crucial proposal is tucked away in Trump’s big, beautiful bill — and even Elon Musk likes it. (At least, that’s what he’s saying.)
As Stellantis Ram brand manager Tim Kuniskis says, “Americans like to count cylinders.”
If passed, it would spell the end of up to $7,500 in federal subsidies per EV and would shut the door on an increasingly controversial and costly pillar of the Biden administration’s transportation policy.
Trending: Senate Republican leadership looks to limit ability of judges to block federal policies
Cash for Clunkers 2.0
Let’s be clear: This isn’t about disliking innovation or electric vehicles. Some people love them. Americans love tech and efficiency. But many are waking up to the realization that we’ve been here before — back in 2009 — with the infamous “Cash for Clunkers” program.
That
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