Today, the amount of tax compensation ranges from $2,500 to $7,500 and depends on the battery capacity and dimensions of the electric vehicle. Many manufacturers take advantage of such benefits, including BMW, Ford, Hyundai, Nissan, Mercedes-Benz, Tesla, and others.
If tax deductions are canceled, it could deal a serious blow to the rapidly developing electric car market, because buyers often choose such cars precisely because of the attractive price. For example, Tesla shares, which are already suffering significant losses, lost 9% of their value on the same day that information about the possible law appeared.
