Washington's 'Tesla Tax': A Game Changer for EV Credits and Infrastructure
Washington has introduced a landmark bill, SHB 2077, imposing new excise taxes on electric vehicle (EV) credit sales. Dubbed the "Tesla Tax," this legislation primarily affects Tesla, the dominant player in the EV market, aiming to use the revenue to enhance EV affordability and infrastructure across the state. Proponents see it as a way to curb excessive profits while critics warn it could undermine EV investment and raise consumer prices.
Apr 30