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Ray Dunaway: Losing Electric Vehicle Subsidies

Author: Ray Dunaway

Lauren Fix “The Car Coach” wants to know what the end of these subsidies would mean for Tesla and the EV market. The tax proposal introduced by Republicans includes eliminating the $7500 federal subsidies for electric vehicles (EVs). So far, Telsa has received over $5 billion in subsidies and hasn’t made a dime. And, the loss of federal subsidies doesn’t bode well for the company’s future.

 

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