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How Donald Trump wants to hurt EVs but help Tesla

  • Donald Trump's transition team is recommending the removal of the federal tax credit for electric vehicles (EVs) shortly after his inauguration.
  • The plan also includes cutting off support for EVs and charging stations, which could hinder the sales growth of battery-powered vehicles in the US.
  • Money allocated for EV chargers is planned to be redirected to national defense supply chain and critical infrastructure.
  • Additionally, Trump plans to rollback the US Environmental Protection Agency's emissions and fuel economy standards to 2019 levels.

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