US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle (EV) adoption. Read more at The Business ...

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.

Two days after President-elect Donald Trump formally announced the initiative led by the Tesla CEO, they’re already hiring.

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

Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 ...

In this mini-documentary from Bloomberg Originals, What Elon Musk Wants From Donald Trump, we explore what the right-wing ...

Renowned author Stephen King recently addressed rumors that he was banned from X (formerly Twitter) by the social media ...

According to the recall notice, faulty metal-oxide-semiconductor field-effect transistors (MOSFET) in the inverters of ...

Tesla and SpaceX CEO Elon Musk, left, and then-Republican presidential nominee Donald Trump attend a campaign event at the ...

Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses ...

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

President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...