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Trump running mate wanted to repurpose $7,500 EV credit for gas cars
Jul
Elon Musk endorsed Donald Trump for President within the 2024 election over the weekend, and now, some Tesla and electrical automobile (EV) fanatics are pointing to anti-EV laws proposed final yr by Trump’s newly chosen Vice Presidential candidate.
On Monday, Trump introduced that his working mate could be Senator JD Vance (R-OH), following Musk’s endorsement for the former president on Saturday. Some within the Tesla and EV communities are actually mentioning that Vance final yr proposed the Drive American Act, a invoice intending to interchange the $7,500 EV tax credit score with a subsidy of the identical quantity for U.S.-built gasoline automobiles.
“Proper now, the official coverage of the Biden administration is to spend billions of {dollars} on subsidies for electrical automobiles made abroad,” Senator Vance wrote within the proposal. “If we’re subsidizing something, it must be Ohio employees – not the inexperienced power daydreams which can be offshoring their jobs to China. We will safe a vibrant future for American autoworkers by passing this laws and reversing the misguided insurance policies of the Biden administration.”
UPDATE: Donald Trump interested in Elon Musk for Advisory role if re-elected: report
Vance additionally wrote an opinion piece only a week sooner than the Drive American Act, encouraging the then-striking United Auto Workers (UAW) union to keep away from what he referred to as “the Biden administration’s unjust transition to EVs.”
“These are the info: China dominates the worldwide provide chain for electrical automobiles — particularly for vital minerals and batteries,” Vance wrote within the op-ed.
“Whereas an electrical automobile might bear the brand of Ford, Chevy, or Chrysler, its core elements have been most likely made in China with Chinese language labor and Chinese language supplies. Two of the Massive Three automakers are dropping huge quantities of cash on electrical automobiles. Ford, for instance, loses $32,000 on each EV they promote. These losses result in decrease wages for employees, fewer auto jobs being out there, and better costs for customers.”
Final month, Trump told rally attendees that he was a “big fan of electric cars,” and a “big fan of Elon,” regardless of a few of his anti-EV sentiments prior to now.
In March, Vance stated on X that he was absolutely supportive of Trump’s earlier declare that an financial “massacre” would ensue for the U.S. auto trade if Biden continued down the present path, noting that many media shops centered too closely on the terminology.
Donald Trump stated {that a} massacre would occur to the American auto trade if Biden stored on selling Chinese language made EVs.
He in fact is one hundred pc right.
All different reporting about his “massacre” remark is full propaganda. The media needs to be ashamed.
— J.D. Vance (@JDVance1) March 17, 2024
Musk additionally congratulated Vance on being appointed to the Republican ticket on Monday, saying that it had been an “wonderful determination” by Trump.
–––––––
TRUMP
VANCE
–––––––Resounds with victory
— Elon Musk (@elonmusk) July 15, 2024
What are your ideas? Let me know at zach@teslarati.com, discover me on X at @zacharyvisconti, or ship us ideas at tips@teslarati.com.
