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Trump targets EV charging funding programs Tesla benefits from

TechCrunch LogoTechCrunch18h ago

Trump targets EV charging funding programs Tesla benefits from - TechCrunch

Quick Summary:

President Donald Trump is trying to halt the flow of funding for EV charging infrastructure from two programs that Tesla has benefitted from — the latest example of how Elon Musk’s political interests seem to be at odds with his car company’s goal of advancing sustainable energy.

He specifically calls out stopping funding for EV charging stations that’s been made available through the National Electric Vehicle Infrastructure (NEVI) Formula Program and the Charging and Fueling Infrastructure (CFI) grant program.

It is not clear that Trump can legally stop the funding of awards that are already under contract, though.“People who have contracts today have rights under those contracts, and the President can’t take them away,” he said.


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Article Details

Author / Journalist: Sean O'Kane

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 20:15:59 (18 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 847 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 25328700

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Official Website: techcrunch.com

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