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Trump's Tax Bill Boosts Rivian and Lucid, Hurts Tesla
ByAinvest
Friday, Jul 4, 2025 2:25 am ET1min read
Trump's tax bill could boost stocks for Rivian and Lucid, as the $7,500 EV tax credit is set to end in the fall. Rivian and Lucid stocks rose after the bill passed in the House, while Tesla's sales volume is expected to decrease further. The bill would also extend the 2017 tax cuts.
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