Tesla’s $3B Credit Payday Hits Trump’s Regulatory Roadblock
Photo by Matt Henry on Unsplash
In a shocker from the land of electric dreams, Tesla, Rivian, and Lucid face a regulatory nightmare as the Trump administration has gutted the EV credit scheme. Rivian’s petition to DC Court of Appeals reveals a staggering $100 million revenue limbo, while Tesla warned this overhaul wiped out $1.11 billion in expected revenue. The credits, aka "free money for selling electric cars," had Tesla raking in nearly $3 billion last year, now threatened by lowered penalties back to zero dollars. Tesla, Rivian, and Lucid even
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Source: Businessinsider | Published: 8/18/2025 | Author: Tom Carter
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