The $40,000 electric vehicle business tax credit may be easy to get

Electric buses at a charging station. koiguo | time | Getty Images Plus, the large truck tax credit is worth more money — up to $40,000, as opposed to the $7,500 maximum for passenger cars and small commercial electric vehicles. “I think it’s going to be a lot simpler and easier to take advantage of … Read more

Biden’s electric vehicle tax credit rules deal ‘astronomical’ blow to businesses

DETROIT – The Biden administration’s scrapping of tax credits for imported electric vehicles is a blow to Hyundai Motors company, an automaker executive said Wednesday. Jose Munoz, global president and chief operating officer, declined to disclose any specific financial impact associated with the Cut Inflation Act requirements, but described it as a blow to the … Read more

Ex-wife, celebrities: Musk’s phone shows his role in the Twitter offer

In Musk v. Twitter, an aspect of the professional life of the richest man in the world is revealed. Private messages exchanged within his entourage immerse us in his process when he conceives an idea. The messages were released by the Delaware Chancery Court as part of the proceedings between the two parties. The revelation … Read more