The tax credit, which has given back up to $7,500 to eligible EV buyers, may disappear under the new administration.

With a Republican-controlled Congress, there is 'definitely a path to repeal,' sources tell PCMag. But that could threaten jobs at EV manufacturing plants in red states.

President-elect Donald Trump will reportedly cut the EV tax credit when he takes office in January, but contrary to popular belief, Wedbush analysts say the move could actually benefit Trump’s “first buddy,