Automotive expert Lauren Fix said that a large beautiful bill act on Tesla could be a large beautiful bill act.
The reconciliation bill working through the Congress will eliminate the electric vehicle tax credit created under the reduction in inflation. Removing credits designed to encourage US consumers to purchase electrified vehicles will probably lead to a decline in EV sales and production. However, Tesla sales Possibly will be largely unaffected, a specialist predicts.
“This should not be sold by getting rid of this $ 7,500 tax credit (Tesla),” automotive expert Lauren Fix told Fox Business. “People buy Teslas because they like products … they know what their customers want, and those who like Teslas will keep buying that product.”
The “One Big Beautiful Bill Act” was approved by the House on 22 May in 215-214 votes. If the remedy passes the Senate and is signed in the law by President Donald Trump, the EV will be hit by $ 7,500 new-saving credit and $ 4,000 to be hit by taking credit incentives, along with subsidies for battery manufacture, as well as with subsidy for battery manufacturing, Bill text They say. The EV Tax Credit, which began during the Obama administration, is set to end on 31 December 2032. The new provision “speeds up on 31 December 2025.”
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Fix said that the abolition of clean vehicle tax credit will reduce EV sales in the US.
Auto expert Lauren Fix said Tesla’s sales would be largely unaffected, if a large beautiful bill is signed in the Act, said Auto expert Lauren Fix. (Photo through Getty Image / Getty Image by John Paraskevus / NewsDe RM)
,Once when the tax credit goes away, I hope (Electric vehicles) are about 2% sales, “Fix said that the EVS is currently about 8% of the total car sales in the US. electric vehicle Sales, Tesla will still survive and (Elon Musk) will do well. And other brands will do what consumers want. ,
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Chief EV manufacturer Tesla in the US has focused more on selling carbon credits to other vehicle manufacturers on consumer tax promotion. Company, which has transferred the bulk of its production ToxasAccording to the fix, its construction has also become “more efficient and effective”.
A large beautiful bill act recently passed through the House and went to the Senate. (Photo by Mandel Nagan / AFP through Getty Image / Getty Image)
“What Tesla has done, and they do not actually care about $ 7,500 tax credit, are they selling carbon credit to all other car manufacturers,” Fix said. “This is the place where he has earned his profit.”
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Meanwhile, other prominent EV vehicle manufacturers like Hyundai And Ford He said that it can be decided to reduce the production of electrified vehicles. If a large beautiful bill is signed in the Act, he said.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 358.43 | +1.53 |
+0.43% |
| F | Ford Motor Cum. | 10.22 | +0.05 |
+0.49% |
“You are going to see their production volume falling dramatically,” Fix said. “The only reasons for manufacturers are manufacturing electric vehicles, as they were made mandatory to do so.”
Elon Musk, Chief Executive Officer of Tesla Inc., speaks during a town hall at Ki Convention Center in Green Bay, Wisconsin on 30 March 2025. (Jamie Calter Davis / Bloomberg Getty Image / Getty Image)
In January, Trump issued an executive order to “abolish the electric vehicle mandate and promote true consumer choice”.
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Tesla, Hyundai and Ford Motor Company did not immediately respond to the request of Fox Business to comment.
