Enacted in 2008, the EV tax credit — which allows electric car buyers to qualify for up to $7,500 in federal subsidies — was meant to foster the fledgling electric vehicle industry. By law, the credit phases out once a manufacturer makes its 200,000th car. Tesla reached that threshold earlier this year and its credit will begin phasing out next … Continue reading Extending Electric Vehicle Tax Credits Would Entrench a Misguided Policy