Tesla

The country remains among the top candidates to host a new Tesla factory.

The changes in the U.S. drop the price of Model 3 sedans and certain Model Y SUVs below the caps they needed to come under to qualify for as much as $7,500 electric vehicle tax credits.

Buying certain electric cars in the U.S. just got cheaper, thanks to new tax credits meant to phase out gasoline-guzzlers.

The U.S. government has angered Tesla's Elon Musk and handed welcome news to other automakers like Hyundai with guidance on which electric vehicles will qualify for tax credits in the coming months.

For EVs to qualify, their batteries will need to contain minerals extracted from or processed in a country the U.S. has a free trade agreement with, and a portion of components to be manufactured or assembled in North America.

A breakthrough deal between senators Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles.

Selling 75% of its cryptocurrency gave the company a one-time cash infusion, the electric car company said, but the battered value of its remaining Bitcoin also dinged profits.

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A key incentive is set to go away, sparking a rush by companies to lock down the tax breaks.

Musk is using a strategy favored by many billionaires — borrowing against highly appreciated stock to get cash without having to sell.