A key advantage for EVs is going away.
Tesla ( TSLA -4.97% ) has been a great American success story, but the company has received a significant assist from the government over its history, including more than $11 billion in regulatory tax credits over its history and a crucial low-interest loan from the Department of Energy when it was just getting started.
Perhaps the best-known government handout Tesla has benefited from is the $7,500 electric vehicle (EV) tax credit, which slashed prices on some of its vehicles by 20% or even more in some cases. The credit gained prominence in 2022 as part of the Inflation Reduction Act designed to encourage Americans to replace gas-powered vehicles with EVs, but it expired on Sept. 30, and the move is expected to rock the EV market .
In fa