"I would be very inclined to say yes, it's going away," Ivan Drury, director of insights at Edmunds, told CNN. Drury emphasized that the Trump administration could take a straightforward approach, potentially through early tax legislation or a new IRS rule.
"If you buy an EV now, you're not only sure of getting the tax credit, you've got automaker incentives," Drury explained. "You're doubling down. It won't get any better."
Tesla, often viewed as a frontrunner in the EV market in the U.S., finds itself in a unique position. CEO Elon Musk, an influential advisor to Trump, has openly advocated for the elimination of the tax credit, arguing it would 'only help Tesla.'
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