Trump's stance on EVs shifts amid friendship with Tesla's Musk, impacting industry policies.

President-elect Donald Trump previously opposed electric vehicles (EVs), planning to end tax credits that reduced EV costs. However, his close friendship with Tesla CEO Elon Musk has raised questions about his future EV policies. Musk has advocated for ending all government subsidies, including those for EVs, which could impact the auto industry and the affordability of EVs. Experts warn that allowing Chinese companies into the market could also affect EV prices.

November 25, 2024
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