Trump move against EV support would hurt competitors more than Tesla: Musk

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Trump move against EV support would hurt competitors more than Tesla: Musk - Business Standard

Quick Summary:

Trump's pick for vice president, JD Vance, last year introduced a bill to eliminate EV subsidies and replace them with a credit to promote gas-powered vehicles, though it has virtually no chance of passing in the current Congress.

Musk has denied a media report that he pledged to donate $45 million per month to Trump, but he said he had created a political action committee.

Musk's support for Trump created some confusion among Tesla fans who questioned how his election would help the EV company.