President Donald Trump is trying to halt the flow of funding for EV charging infrastructure from two programs that have benefited Tesla — the latest

President Donald Trump vowed to eliminate the electric-vehicle mandate in his inaugural address, although strictly speaking, there is no mandate. His statement could mean a few things for Tesla and the U.

Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.

He's pushing for tax credits for EV buyers to be reconsidered and potentially eliminated, while also targeting subsidies for electric vehicles. The message is simple: the U.S. shouldn't be pushing for EVs when countries like China dominate the EV market.

Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden's landmark 2022 climate law.

US President Donald Trump has ordered his administration to “eliminate the electric-vehicle mandate” — his bid to undo regulations governing automotive pollution and fuel-economy standards which he says unfairly limit consumer choice.

Tesla stock jumped on the first trading day since the inauguration of now-president Donald Trump. Shares climbed despite Trump signing an executive order Monday aimed at reversing the prior administration’s electric vehicle policies.