Tesla investor and fan Sawyer Merritt did the hard work for us (so thank you for that) and summarised Donald Trump's Big Beautiful Bill.
Namely, he made a list of all the ways this bill affects EV car makers, EV buyers and companies that work in the energy efficiency sector.
- No more EV credits. Both the $7,500 EV credit for new vehicles and the $4,000 EV credit for used vehicles will end on September 30, 2025
- No more 30% credit for rooftop solar panels from December 31, 2025
- Automakers will be allowed to continue selling ZEV credits, sometimes called green credits, to other automakers BUT other automakers will no longer be fined for going over emission limits, both at state and federal level, so basically these ZEV credits are a bit pointless now
- Wind and solar projects are still eligible as long as they claim the credit before the end of 2027
- Clean hydrogen production, same thing, eligible until late 2027 (no specific date provided yet)
- Energy efficient credit for new homes will terminate on June 30, 2026
- Credit for alternative fuel production, also terminates on June 30, 2026
Trump said on more than one occasion that he doesn't mind EVs, as long as people aren't forced to buy one, so he's acting in that direction.
Interestingly, Elon Musk also said something similar on several occasions. Let's see if he meant it or nah.
