Trump's Plan To End $7,500 EV Tax Credits Could Be 'Devastating' For $TSLA Rivals, Poll Says Could Be Bullish For Elon Musk's CompanyAn executive order signed by President Donald Trump could potentially end electric vehicle plans put in place by former President Joe Biden, including the $7,500 tax credits that have boosted the sector. The order also pauses the disbursement of funds related to the Inflation Reduction Act of 2022. Tesla CEO Elon Musk, who was previously in support of tax credits, now believes their removal could benefit his company in the long term. A poll conducted by Tesla influencer Sawyer Merritt suggests that most voters believe the end of the EV tax credit would be bullish for Tesla compared to its competitors. However, some analysts, like Gary Black, question Musk's take on the potential impact of the tax credit removal. #StockMarket
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