By Nora Eckert and Abhirup Roy DETROIT (Reuters) -Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall. Tesla's homepage on Tuesday displayed a banner: "$7,

You have less than 3 months to claim the $7,500 EV tax credit: 'Now is the time to buy,' says car expert If you're planning to buy an electric vehicle, time is running out to claim a federal tax credit worth up to $7,500.

President Trump recently signed The One Big Beautiful Bill into law and it spells the end of the clean vehicle credit. The incentive is set to expire on September 30, 2025 instead of the originally planned date of December 31, 2032.