StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Trump pronounces EU commerce take care of 15% tariffs
    Trump pronounces EU commerce take care of 15% tariffs
    6 Min Read
    KKR commits A0 million to Australian renewable power agency CleanPeak
    KKR commits A$500 million to Australian renewable power agency CleanPeak
    0 Min Read
    5 issues to keep away from whenever you begin shopping for shares
    5 issues to keep away from whenever you begin shopping for shares
    4 Min Read
    International aerospace and protection deal exercise surged in Q2, fueled by strategic consumers (XLI:NYSEARCA)
    International aerospace and protection deal exercise surged in Q2, fueled by strategic consumers (XLI:NYSEARCA)
    0 Min Read
    Listed here are the 4 massive issues we’re watching in a busy week forward for the inventory market
    Listed here are the 4 massive issues we’re watching in a busy week forward for the inventory market
    19 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    A Full Information for First-Time Taxpayers
    A Full Information for First-Time Taxpayers
    12 Min Read
    After How Many Days Bonus Shares Can Be Bought?
    After How Many Days Bonus Shares Can Be Bought?
    8 Min Read
    The Weekly Wrap | Up, Up and Away. Not.
    The Weekly Wrap | Up, Up and Away. Not.
    24 Min Read
    India's most underrated funding asset
    India's most underrated funding asset
    0 Min Read
    Prime information and market movers this week: twenty fifth Jul’ 2025
    Prime information and market movers this week: twenty fifth Jul’ 2025
    2 Min Read
  • Market Analysis
    Market AnalysisShow More
    Wall Road Week Forward: Highlight on Fed price choice, earnings from Microsoft, Meta Platforms, Apple, Amazon
    Wall Road Week Forward: Highlight on Fed price choice, earnings from Microsoft, Meta Platforms, Apple, Amazon
    4 Min Read
    Inventory to purchase: Anand Rathi predicts Apollo Micro Methods’ share worth to rise 25% in 3 months. Here is why
    Inventory to purchase: Anand Rathi predicts Apollo Micro Methods’ share worth to rise 25% in 3 months. Here is why
    4 Min Read
    Sri Lotus Builders IPO opens quickly: GMP, value band, dates, different particulars you could wish to know
    Sri Lotus Builders IPO opens quickly: GMP, value band, dates, different particulars you could wish to know
    4 Min Read
    Is the Indian Inventory Market Prepared for Its Subsequent Large Leap in 2025?
    Is the Indian Inventory Market Prepared for Its Subsequent Large Leap in 2025?
    11 Min Read
    Wall St Week Forward-Tariffs, Fed, tech outcomes headline jam-packed markets week
    Wall St Week Forward-Tariffs, Fed, tech outcomes headline jam-packed markets week
    6 Min Read
  • Trading
    TradingShow More
    Asana Director Dustin Moskovitz Will increase Stake With Buy of 225,000 Shares – Asana (NYSE:ASAN)
    Asana Director Dustin Moskovitz Will increase Stake With Buy of 225,000 Shares – Asana (NYSE:ASAN)
    2 Min Read
    Dan Bongino Surprised by FBI’s Current Corruption Findings: ‘I’ll By no means Be the Identical After Studying What I’ve Realized’
    Dan Bongino Surprised by FBI’s Current Corruption Findings: ‘I’ll By no means Be the Identical After Studying What I’ve Realized’
    3 Min Read
    RFK Jr. Ponders Overhaul of Key Preventive Well being Advisory Committee
    RFK Jr. Ponders Overhaul of Key Preventive Well being Advisory Committee
    3 Min Read
    Thousands and thousands Over Morals: Survey Reveals Individuals’ Willingness To Sacrifice Love And Loyalty For Money
    Thousands and thousands Over Morals: Survey Reveals Individuals’ Willingness To Sacrifice Love And Loyalty For Money
    2 Min Read
    Kevin O’Leary’s Criticism, Trump’s Fed Go to And Epstein Information: This Week In Politics
    Kevin O’Leary’s Criticism, Trump’s Fed Go to And Epstein Information: This Week In Politics
    3 Min Read
Reading: Trump’s Nominee For DOT Reportedly Desires EVs To Pay For Utilizing Roads – Tesla (NASDAQ:TSLA), Boeing (NYSE:BA)
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Trading > Trump’s Nominee For DOT Reportedly Desires EVs To Pay For Utilizing Roads – Tesla (NASDAQ:TSLA), Boeing (NYSE:BA)
Trading

Trump’s Nominee For DOT Reportedly Desires EVs To Pay For Utilizing Roads – Tesla (NASDAQ:TSLA), Boeing (NYSE:BA)

StockWaves By StockWaves Last updated: January 16, 2025 2 Min Read
Trump’s Nominee For DOT Reportedly Desires EVs To Pay For Utilizing Roads – Tesla (NASDAQ:TSLA), Boeing (NYSE:BA)
SHARE



Sean Duffy, President-elect Donald Trump‘s nominee to guide the U.S. Division of Transportation (DOT), reportedly needs electrical car homeowners to pay for utilizing roads.

What Occurred: Duffy revealed his opinion at his affirmation listening to on Wednesday earlier than the Senate Committee, Reuters reported. Duffy additionally acknowledged that implementing the transfer could be “difficult.”

“They need to pay to be used of our roads,” Duffy mentioned. “How to do this, I believe, is a bit more difficult.”

Income for federally funded highway repairs is collected by taxes on diesel and gasoline, Reuters famous. As EV homeowners don’t pay taxes for both of those two commodities, they don’t contribute to the income.

Nevertheless, in sure states like Georgia and Illinois, EV drivers pay charges to cowl the prices of highway restore.

Duffy on Wednesday additionally pledged to keep up rigorous oversight of troubled planemaker Boeing Co. BA and proceed security investigations into Elon Musk‘s EV big Tesla Inc. TSLA if confirmed.

Why It Issues: Present laws pertaining to EVs are underneath query underneath the incoming Trump administration. Trump, throughout his Presidential marketing campaign, swore to finish what he termed “the electrical car mandate.”

In November, it was additionally reported that Trump’s transition group is planning to finish the $7,500 shopper tax credit score for buying EVs underneath President Biden’s Inflation Discount Act (IRA).

Duffy’s try and cost EV drivers for highway use, nonetheless, can’t be applied by the Division of Transportation alone and would as an alternative require it to work with Congress and implement new laws.

If confirmed, Duffy would oversee vital businesses together with the FAA, NHTSA, and Federal Railroad Administration.

Take a look at extra of Benzinga’s Future Of Mobility protection by following this hyperlink.

Learn Subsequent:

Picture courtesy: Shutterstock

Market Information and Information delivered to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Trending Cash on GeckoTerminal – Toshi, DuckAI, Orion Trending Cash on GeckoTerminal – Toshi, DuckAI, Orion
Next Article IBM and L'Oréal to construct AI basis mannequin for sustainable cosmetics IBM and L'Oréal to construct AI basis mannequin for sustainable cosmetics
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Asana Director Dustin Moskovitz Will increase Stake With Buy of 225,000 Shares – Asana (NYSE:ASAN)
Asana Director Dustin Moskovitz Will increase Stake With Buy of 225,000 Shares – Asana (NYSE:ASAN)
July 28, 2025
Prince William, Princess Kate could go away Adelaide Cottage for Windsor’s Fort Belvedere mansion: Report
Prince William, Princess Kate could go away Adelaide Cottage for Windsor’s Fort Belvedere mansion: Report
July 28, 2025
Buyers eye attainable US-Europe commerce deal as deadline looms
Buyers eye attainable US-Europe commerce deal as deadline looms
July 28, 2025
Trump pronounces EU commerce take care of 15% tariffs
Trump pronounces EU commerce take care of 15% tariffs
July 28, 2025
KKR commits A0 million to Australian renewable power agency CleanPeak
KKR commits A$500 million to Australian renewable power agency CleanPeak
July 28, 2025

You Might Also Like

Asia Markets Combined, Europe Advances, Pure Gasoline Dips – International Markets As we speak Whereas US Slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)
Trading

Asia Markets Combined, Europe Advances, Pure Gasoline Dips – International Markets As we speak Whereas US Slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

3 Min Read
BinBot Professional Assessment, 2024 Finest Robotic For Binary Choices Dealer
Trading

BinBot Professional Assessment, 2024 Finest Robotic For Binary Choices Dealer

3 Min Read
Why Examine-Cap Shares Are Buying and selling Greater By Over 52%; Right here Are 20 Shares Transferring Premarket – Ark Eating places (NASDAQ:ARKR), Aura Biosciences (NASDAQ:AURA)
Trading

Why Examine-Cap Shares Are Buying and selling Greater By Over 52%; Right here Are 20 Shares Transferring Premarket – Ark Eating places (NASDAQ:ARKR), Aura Biosciences (NASDAQ:AURA)

3 Min Read
Might Cupertino Save Struggling Sonos? Hypothesis About Apple Bid Abounds Might Cupertino Save Struggling Sonos? Hypothesis About Apple Bid Abounds – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
Trading

Might Cupertino Save Struggling Sonos? Hypothesis About Apple Bid Abounds Might Cupertino Save Struggling Sonos? Hypothesis About Apple Bid Abounds – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

3 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Asana Director Dustin Moskovitz Will increase Stake With Buy of 225,000 Shares – Asana (NYSE:ASAN)
Prince William, Princess Kate could go away Adelaide Cottage for Windsor’s Fort Belvedere mansion: Report
Buyers eye attainable US-Europe commerce deal as deadline looms

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up