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How the $7,500 tax credit to buy an electric car is about to change yet again

In an aerial view, Tesla cars recharge at a Tesla charger station in Corte Madera, Calif., on Feb. 15, 2023. The Biden administration wants to boost sales of electric cars, but it also wants to incentivize U.S.-based production. (Justin Sullivan/Getty Images)
In an aerial view, Tesla cars recharge at a Tesla charger station in Corte Madera, Calif., on Feb. 15, 2023. The Biden administration wants to boost sales of electric cars, but it also wants to incentivize U.S.-based production. (Justin Sullivan/Getty Images)

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