Trump administration halts EV charger funds, ends tax incentives, drawing support from Tesla's Elon Musk.

The Trump administration is halting federal funding for electric vehicle (EV) chargers and may end the $7,500 tax incentive for new EVs, actions that could hinder EV adoption. Despite Tesla, a major beneficiary of these programs, receiving significant funding, Elon Musk supports these moves, arguing they will benefit Tesla by hurting competitors. This decision could lead to legal battles over the administration's authority to impede congressionally-approved funding.

6 weeks ago
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