Tesla representatives told a committee put together by the team that they support ending the subsidy, Reuters reported, echoing comments made by Musk earlier this year, and calling it “devastating” for competitors and a slight hit to Tesla. These meetings have reportedly been led by North Dakota Governor Doug Burgum, a candidate for Trump’s “energy czar,” and Harold Hamm, the billionaire founder of fossil-fuel giant Continental Resource.
Trump has said he wants to scrap the “Green New Scam,” referring to President Joe Biden’s pro-EV policies, including the Inflation Reduction Act (IRA), which is where the tax credits come from. On his first day in office, Trump plans to begin rolling back rules from the Environmental Protection Agency and Transportation Department and expand oil drilling.