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What effect will lower tax credits on Tesla and GM plug-ins have? Twitter poll results

Green Car Reports

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

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After Tesla's federal tax credits expire, which electric car would you buy?

Green Car Reports

Last week, we reported that Tesla is close to reaching the end of its allocation of federal tax credits for those who buy its cars. The credits amount to a $7,500 discount for most buyers. The credits were passed after the 2007 federal Energy Independence and Security Act to promote the sale of electric cars.

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Tesla bulls respond to ‘The Big Short’ and his massive bet against the stock

Teslarati

Burry believes that Tesla’s stock is highly reminiscent of the housing market in 2007, just a few months before the crash that led to the first recession in the American economy in twenty years. Munster believes the reintroduction of a $7,000 EV tax credit could be one of the biggest pieces of the bull story for Tesla in 2021.

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Lucid: The history and future of the luxury EV Tesla competitor

Electric Driver

Lucid Motors Founded: 2007 Founders: Bernard Tse and Sam Weng Employees 2,000+ Headquarters: Newark, California Manufacturing: Casa Grande, Arizona IPO: July 26th, 2021 Models: Air Federal Tax Credit Eligibility: Yes Lucid Facts Lucid Mission Statement To inspire the adoption of sustainable energy by creating the most captivating electric vehicles, (..)

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

The first Australian Government to announce a plan for a carbon price was John Howard’s back in 2007. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. Economists and experts agree that the best way is to make polluters pay by putting a price on carbon.

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US indicts 7 individuals and 3 companies in alleged $100M biodiesel RINs fraud in Indiana

Green Car Congress

The Energy Independence and Security Act of 2007 created a number of federally funded programs that provided monetary incentives for the production of biodiesel. A dollar-per-gallon tax credit was available only to the first person to blend the pure biodiesel (known as B100) with petroleum diesel.

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California ARB adds another $6M to Clean Vehicle Rebate Program

Green Car Congress

This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives. The Clean Vehicle Rebate Project is made possible by the 2007 law known as Assembly Bill 118. Under the rebate program, individuals, nonprofits, government entities and businesses can get up to a $2,500 state rebate.

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