The GOP tax bill kills a $7,500 electric-vehicle credit -- and that's terrible news for Tesla (TSLA, GM)

Tesla The GOP tax bill eliminates a $7,500 federal electric-vehicle tax credit. The credit would go away immediately, not be phased out. The credit has been seen as a major driver of EV sales. The just-unveiled Republican tax bill will eliminate a $7,500 federal tax credit for electric vehicles, and that would be Terrible news for Tesla. Shares of the automaker, already down after its earnings report, fell sharply on the news.The credit was already capped at 200,00 units — a limit Tesla would ...