Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

What does Trump’s election mean for EVs, Tesla, and Elon Musk?

Illustration of electric vehicles charging
Image: Hugo Herrera / The Verge

On the campaign trail, Donald Trump said a lot of things about electric vehicles. He said he would “end the electric vehicle mandate on day one,” that EVs “don’t work,” and that they benefit China and Mexico while hurting American autoworkers.

But he has also closely aligned himself with Elon Musk, who runs the biggest EV company in the US. And he will likely have Musk continuing to whisper in his ear on important policy matters moving forward, even going so far as to promise to appoint the mercurial billionaire to a role in his administration.

So now that he’s the president-elect, what will he actually do that will affect the auto industry and its tenuous shift to electric vehicles?

First off, he said he would “rescind all unspent…

Continue reading…

You May Also Like

Editor's Pick

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch...

Tech News

Klipsch’s Flexus Core 300 soundbar will leverage Dirac’s room correction calibration tools. | Image: Klipsch Klipsch has announced its new Flexus Core 300 soundbar,...

Editor's Pick

So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new...

Politics

In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...