GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Urges Senate to Preserve Clean Energy Tax Credits Amid Legislative Threats

Tesla (NASDAQ: TSLA) is actively lobbying the U.S. Senate to retain key clean energy tax credits that are under threat from a House-passed reconciliation bill. The proposed legislation aims to roll back significant portions of the Inflation Reduction Act, including the 30% tax credits for residential solar installations and clean energy projects, which are currently set to expire in 2032. Tesla’s energy division, which reported a 67% year-over-year revenue increase to $2.7 billion in Q1 2025, heavily relies on these incentives. The company warns that abrupt termination of these credits could jeopardize America’s energy independence and hinder the deployment of over 60 gigawatts of clean energy capacity annually, essential for supporting AI and domestic manufacturing growth.

As of May 29, 2025, Tesla’s stock is trading at $361.70, reflecting an increase of $4.80 (1.35%) from the previous close.

To view the full article, visit https://ibn.fm/ksTnM

About Tesla Inc.

Tesla Inc. is a leading electric vehicle and clean energy company, committed to accelerating the world’s transition to sustainable energy. Founded in 2003, Tesla designs and manufactures electric vehicles, battery energy storage systems, and solar energy products for residential and commercial use. With a mission to create compelling electric vehicles and energy solutions, Tesla continues to innovate in the automotive and energy sectors.

About GreenCarStocks

GreenCarStocks (“GCS”) is a specialized communications platform with a focus on electric vehicles (“EVs”) and the green energy sector. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from GreenCarStocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.GreenCarStocks.com

Please see full terms of use and disclaimers on the GreenCarStocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer

GreenCarStocks
Austin, Texas
www.GreenCarStocks.com
512.354.7000 Office
Editor@GreenCarStocks.com

GreenCarStocks is powered by IBN