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tax credits

Trump Budget Aims to End Electric Vehicle Tax Credits

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Slipped in amongst other budget saving measures in the 150-page 2020 fiscal year budget proposed by the Trump Administration was “Repeal the qualified plug-in electric drive motor vehicle credit.” According to the data provided in the proposal, if tax credits for electric vehicles (EV) were cut, the government could save a whopping $2.5 billion by […]
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Tesla

Tesla’s Latest Move: Cutting 7% of Its Workforce

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Elon Musk and Tesla are making headlines yet again with Musk recently sending a letter to employees notifying them that their jobs might be in jeopardy. Ryan Browne of CNBC reported that Musk’s letter stated bluntly that other than cutting 7% of jobs, “there isn’t any other way” to reach Tesla’s goal of making its […]
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