this post was submitted on 13 May 2025
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Electric Vehicles
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I forsee the auto industry fighting this tooth and nail. They invested in EVs for many reasons, but partially because the tax credit is there. Pulling the tax credit now will be yet another blow against the auto industry.
My guess at how this plays out is that they'll drop the tax credit, then spend even more on corporate subsidies.
This is administration is bad for business.
FTFY: This is administration is bad for ~~business~~ humanity.
FTFY: This is administration is bad ~~for business humanity~~.