Trump Helped Nix Electric Car Tax Measure Sought by Tesla, GM

December 16, 2019, 8:42 PM UTC

The expansion of a tax credit for electric vehicles isn’t likely to appear in a broad deal being negotiated by House and Senate leaders, and backers of the popular tax break say President Donald Trump is to blame.

“There has been extreme resistance from the president,” said Senator Debbie Stabenow, a Michigan Democrat who has championed the $7,500 tax credit for consumers who purchase an electric car. She said Monday it was unlikely to be expanded.

“I don’t know why the White House would want to stop jobs and the future of the auto industry,” she said.

The credit ...

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