U.S. auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.

Prominent Tesla Inc investor Ross Gerber blasted Tesla's reported support for eliminating the $7,500 federal electric vehicle tax credit, calling the position "insanity" on social media platform X.

Musk’s worries about AI doom don’t make him a safe pair of hands for AI policy. Just look at what has happened to Twitter ...

The tech mogul and world’s richest man met with Iran’s ambassador to the United Nations in New York on Monday, The New York ...

Time may be running out for Americans to capitalize on tax incentives created by the Biden administration's Inflation ...

We interrupt the electric vehicle revolution to bring you these important messages from Washington: Donald Trump’s victory in ...

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct ...

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act ...

Republicans have secured a majority in the House of Representatives with a two-seat advantage. However, it is quite slim ...

Former and future President Donald Trump isn't in office yet, but his transition team is already taking aim at a cornerstone ...

It’s not the first time a president has empowered a business tycoon to look for ways to dramatically cut federal regulations.