MAGA Cancels EV Tax Credits & Ruins DeSoto, Kansas Project?!?

To be fair . . . 

The newspaper isn't really doing the math in their headline . . . This is a Tesla operation and Elon Musk is actually excited about the cuts because they help his luxury brand. 

Still . . .

The advocacy in print is at least worth acknowledging on a weekend night . . .

"All the numbers associated with the new Panasonic battery plant at DeSoto — scheduled to open early next year — are gigantic: Up to $4 billion in investment. As many as 4,000 new jobs. More than $800 million in tax credits from the state. Panasonic is expected to have a transformative effect on the region and the state. Anything less, in fact, would be a major disappointment. There’s just one problem: President-elect Donald Trump appears on track to undermine Panasonic’s work before it has even begun."

Read more via www.TonysKansasCity.com links . . .

Exclusive: Trump's transition team aims to kill Biden EV tax credit

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.

Donald Trump's EV tax credit takeback could undermine Panasonic's DeSoto plant | Opinion

Panasonic's new plant in Kansas faces uncertainty as incoming president Donald Trump considers ending tax credits for electric vehicles.

Developing . . .