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Rivian

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Tesla

EV Buyers Rush to Secure Deals Ahead of Federal Tax Credit Expiration

Electric vehicle (EV) sales are surging across the U.S. as consumers race to take advantage of the federal government’s $7,500 tax credit before it expires on September 30, 2025. Dealers in EV hot spots like Colorado report unprecedented demand, with steeply discounted lease offers drawing in new and repeat buyers alike, reports the WSJ. Deep…

Tesla Faces Major Lawsuit Over Full Self-Driving Promises—Are EV Buyers Misled?
Tesla

Tesla Stock Rebounds as Investors Spot Signs of Growth and Demand

Tesla stock (TSLA) is regaining momentum after a rocky first half of the year. Following weeks of losses that pushed shares below key technical benchmarks, the electric vehicle leader has tightened up, reclaimed support at major moving averages, and landed back on the Investor’s Business Daily (IBD) Leaderboard alongside fellow “Magnificent Seven” member Nvidia (NVDA).…

Mustang Mach-E

EV Sales Surge as $7,500 U.S. Tax Credit Nears September 30 Deadline

Electric vehicle (EV) sales are poised for a significant boost as automakers and dealers urge buyers to act before a $7,500 federal tax credit expires on September 30, 2025. With Congress set to eliminate the subsidy through recent tax and budget legislation, industry leaders anticipate a rush of purchases, followed by potential sales declines, reports…

Slate

Slate Auto Drops ‘Under $20,000’ EV Pickup Pricing as Federal Tax Credit Ends

Slate Auto, a Jeff Bezos-backed electric vehicle startup, has removed claims that its upcoming all-electric pickup truck will start “under $20,000” after Congress passed President Trump’s tax cut bill, according to Slate Auto’s updated website. The legislation, set to be signed into law on July 4, 2025, will eliminate the $7,500 federal EV tax credit…

Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
Tesla

Tesla Q2 2025 Promotions for EV Enthusiasts Are About To Run Out!

As the clock ticks down on June 30, 2025, Tesla is still offering its last wave of Q2 promotions, providing electric vehicle (EV) owners and enthusiasts a chance to snag significant savings and upgrades across its lineup. Posted by industry insider Sawyer Merritt on X, these deals target a broad audience, from military veterans to…

Lucid Pushes for EV Tax Credit Extension to Boost Small Brands Through 2026
Lucid

Lucid CEO Urges Congress to Save $7,500 EV Tax Credit as Senate Plans Cuts

Lucid Motors CEO Marc Winterhoff has urged Congress to preserve the $7,500 federal electric vehicle (EV) tax credit, warning that its elimination could cripple startups like his in a competitive market. As the Senate prepares to vote on a bill that would end the credit by mid-2025, Winterhoff’s plea underscores the high stakes for emerging…

Trump’s “Big Beautiful Bill” Sparks Outrage Over EV Tax Credit Cuts
Elon Musk

Trump Tax Bill Axes $7,500 EV Tax Credit, Sparks Musk’s Fury

On Saturday, June 28, 2025, Elon Musk, CEO of Tesla Inc., publicly condemned the U.S. Senate’s revised tax bill, which accelerates the elimination of the $7,500 electric vehicle (EV) tax credit. Musk’s sharp criticism, posted on his social media platform X, highlights the bill’s potential to harm the EV industry, a cornerstone of clean energy…

Mustang Mach-E

Senate Republicans Push to End $7,500 EV Tax Credit by September 30, 2025

On June 28, 2025, Senate Republicans unveiled a revised tax and budget bill that would terminate the $7,500 federal tax credit for new electric vehicle (EV) purchases and leases by September 30, 2025, alongside the $4,000 credit for used EVs, according to Reuters. This move marks a significant shift from previous policies promoting EV adoption…

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