Trump, Tax Credit and Big Beautiful Bill
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Buyers interested in a Tesla EV or any EV sold in the US need to act fast if they want to secure a federal government tax credit.
John Roth, VP of global Cadillac, said during a July 10 media briefing that the company is capable of adjusting EV plans as the tax change looms.
Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall.
A new child tax credit is coming, bringing changes that will alter how much assistance families receive and which families can receive it.
But used EVs coming off of leases will continue to come onto the used car market.
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First Solar's healthy balance sheet and strong FCF demonstrate its resilience, helping the stock navigate ongoing policy headwinds. Learn more on FSLR stock here.
The Clean Vehicle Credit, overhauled and extended through 2032 as part of the Inflation Reduction Act, will now end after Sept. 30 under President Donald Trump's "big beautiful" tax-and-spending package, meaning potential buyers have just a few months to act before the credit is discontinued.
Pennie, Pennsylvania’s Obamacare marketplace, expects as many as 150,000 people could lose health coverage next year if Congress does not act soon to extend tax credits that make health insurance affordable for hundreds of thousands of residents.