Massive Risk for Rivian and Tesla: EV Tax Credit in Danger

Congress is looking to eliminate the EV tax credit.

May 8, 2025 - 12:08
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Massive Risk for Rivian and Tesla: EV Tax Credit in Danger

Congress is considering eliminating the $7,500 electric vehicle tax credit, and that could be devastating to the bottom line for Rivian (NASDAQ: RIVN) and Tesla (NASDAQ: TSLA). Is the future of EVs in question?

*Stock prices used were end-of-day prices of May 6, 2025. The video was published on May 7, 2025.

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