The budget reconciliation process allows bills to pass without the threat of a filibuster, making it a strategic route for tax law revisions, including ending the clean vehicle tax credit.
Tesla benefitted significantly from the clean vehicle tax credit, but the elimination of its sales cap means their EVs now remain competitively priced compared to rivals.
Despite the potential removal of the clean vehicle tax credit, Tesla supports the proposal, suggesting it would adversely affect their competitors more than it would impact them.
Elon Musk has indicated that ending the clean vehicle tax credit may harm Tesla's rivals to a greater extent, as Tesla has already outpaced them in EV sales.
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