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.