Yes, Trump's Policies Are Hurting The EV Transition — Automaker Statements - CleanTechnica

The article from CleanTechnica highlights how policies under Donald Trump’s administration are negatively impacting the transition to electric vehicles (EVs) in the United States. Key measures include the removal of federal EV tax credits, elimination of used EV tax credits, and the rollback of federal and California regulations aimed at reducing CO2 emissions and fossil fuel use by automakers. Although these policy changes have not yet been fully implemented, automakers are already adjusting their strategies and forecasts in anticipation of these shifts. Major automakers have expressed concerns about the effects of these policy reversals. Tesla’s CEO Elon Musk warned of “a few rough quarters” ahead due to the loss of incentives, which is slowing the rollout of more affordable EV models and reducing revenue from regulatory credit sales. Similarly, Rivian has significantly lowered its expected revenue from regulatory credits, delaying its path to positive cash flow. Legacy automakers like Ford and General Motors are also scaling back EV investments, delaying product launches, and reconsidering production plans, with Ford