Summary
The Trump transition team plans to dismantle key support for the US electric vehicle (EV) market by eliminating the $7,500 federal EV tax credit and diverting funds from EV charging stations to securing battery materials as a “national-defense issue.”
This marks a major shift from Biden’s policies, which prioritized rapid EV adoption and a domestic battery supply chain.
The plan includes imposing tariffs on battery parts and materials globally, with possible exemptions for allies.
These changes are expected to slow US EV growth, further widening the gap with Europe and China.
same reason most magas support donvict in the first place… it hurts others more than he thinks would hurt himself or his own company.
and, they’re probably working on some way to target tesla for some multi-billion dollar government handouts that only it would qualify for, or to exclude old spice’s companies from any new tariffs or taxes.