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How Trump’s second term could be bad for EVs — but great for Tesla
What does the Tesla CEO stand to gain from a Republican agenda dead set on slowing EV adoption?
He dumped hundreds of millions of dollars into the race, used his platform X to relentlessly promote Trump, and promised to run a government efficiency commission that would radically reshape how America operates if any of his ideas get put into action. Since the election, Musk has been deep in the mix planning Trump’s second term: he reportedly spent time at Mar-a-Lago, weighing in on cabinet appointments and even hopping on the phone with world leaders like Ukrainian President Volodymyr Zelenskyy. But it looks like Elon’s ambitions to “dismantle federal bureaucracy” with severe budget cuts and layoffs have landed him a real advisory job and a direct line to Trump.
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