Analysts were actually predicting a bigger loss for Rivian on the heels of the federal government axing EV tax credit ...

While revenue in four areas covered by the tax records increased, its bowl revenue dropped from just over $157 million in fiscal 2023 to $110.6 million in 2024.

The Trump administration and Republican lawmakers in Congress are currently pushing for a massive, 10-year budget bill that would reduce federal tax revenue by $4.5 trillion.

That's a 78% increase from the same period a year ago. Much of the additional revenue came in April and May, after Trump imposed tariffs of at least 10% on nearly everything the U.S. buys from ...

According to the Kelley Blue Book, a record-breaking 1.3 million EVs were sold in the U.S. last year, with 87% taking advantage of the federal tax credit.

US federal solar tax credits cost the United States $25 billion per year, but deliver $51 billion in electricity bill savings, along with $12 billion in federal tax revenue and $3.7 billion in ...