EV Tax Credit Cliff: Sales Spike, Then Plunge?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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EV Apocalypse? Trump-Era Tax Credit Ends, Threatening Sales Slump. Automakers brace for a wild ride as the One Big Beautiful Bill Act sunsets federal EV tax credits, potentially halving sales for Tesla, GM, and Ford. Buyers are rushing to cash in before September 30th, but analysts predict a major market share drop is coming. Will automaker discounts and production slowdowns soften the blow, or is this the beginning of a tough road ahead for the electric vehicle revolution? Hosted on Acast. See acast.com/privacy for more information.