📰 TRUMP TRANSITION TEAM PLANS BROAD ANTI-EV AND ANTI-CHINA POLICY CHANGES -DOCUMENT 🔸 Trump plans to cut EV support, impose tariffs on battery materials 🔸 Proposals aim to boost U.S. production, redirect funds to national defense 🔸 Transition team suggests rolling back emissions standards, blocking California’s stricter rules Cutting government EV support could also hurt sales of Elon Musk’s $TSLA, the dominant U.S. EV seller. But Musk, who spent more than a quarter-billion dollars helping to elect Trump, has said that losing subsidies would hurt rivals more than Tesla.

TRUMP TRANSITION TEAM PLANS BROAD ANTI-EV AND ANTI-CHINA POLICY CHANGES -DOCUMENT

🔸 Trump plans to cut EV support, impose tariffs on battery materials

🔸 Proposals aim to boost U.S. production, redirect funds to national defense

🔸 Transition team suggests rolling back emissions standards, blocking California’s stricter rules

Cutting government EV support could also hurt sales of Elon Musk’s $TSLA, the dominant U.S. EV seller. But Musk, who spent more than a quarter-billion dollars helping to elect Trump, has said that losing subsidies would hurt rivals more than Tesla.