Tax Credit Blues: Automakers Grimly Await a Looming Phase-out

Should Tesla hit its vaunted 5,000-Model-3s-per-week production target at the end of this month (a figure that means nothing if it can't be sustained over the long term), the electric automaker faces another hurdle: the impending phase-out of the $7,500 federal EV tax credit. While Tesla isn't the only automaker staring down the barrel of […] The post Tax Credit Blues: Automakers Grimly Await a Looming Phase-out appeared first on The Truth About Cars. from The Truth About Cars https://ift.tt/2JU9HQx