‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say
Buying a new electric vehicle isn’t the only way consumers can access a $7,500 federal EV tax credit. They may…
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of…
90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…
Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration
Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric…
U.S. Treasury team heads to China to talk subsidies, economic policies
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…
Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide
A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s…
The ‘No. 1 question’ Ark Invest’s Cathie Wood gets on her website
The most popular question on Ark Invest’s website has nothing to do with investing in the U.S., according to the…
