Trump threatens to cut electric car subsidies (aka the fed tax credit) in response to GM's announcement of worker layoffs and plant closings. As I believe it's impossible to exclude a single manufacturer from claiming the federal EV tax credits, this likely means Cheeto man-child is hellbent on killing the current credit program for ALL EVs.
tl;dr - adios federal EV tax credit!
Kudlow hints U.S. may withdraw electric-car subsidies after GM job-cut announcement
tl;dr - adios federal EV tax credit!
Kudlow hints U.S. may withdraw electric-car subsidies after GM job-cut announcement