Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.
Express News | US finalizes $9.63 billion loan for Ford, SK On joint battery venture
Express News | Trump's transition team proposes major rollbacks of Biden's EV and emissions policies, aiming to cut support for electric vehicles and impose global tariffs on battery materials, according to Reuters.
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HelloMooMoo : Why not Tesla then?
NDMQ HelloMooMoo : They should have mentioned that this applies to TSLA as well, but if you’re looking for a company with more upside potential right now it’s RIVN or LCID.