‘YOLO’-buying EVs: As $7,500 tax credit ends, consumers may rush to cash in. Here’s how to get a good deal

‘YOLO’-buying EVs: As ,500 tax credit ends, consumers may rush to cash in. Here’s how to get a good deal


Key Points
  • President Donald Trump’s so-called “big beautiful bill” ends federal EV tax credits after Sept. 30.
  • Consumers may rush to buy or lease an electric vehicle before that deadline to get a tax break.
  • Tesla said now is the time to “YOLO” purchase an EV, referencing the fast-approaching deadline.



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