Trump’s new executive order ending the EV mandate could give companies more leeway in the EV transition, but it is not expected to save jobs in the long term.

President Donald Trump names just two programs in his executive order to halt Green New Deal funding — and both focus on electric vehicle charging. The name check is casting a fog of uncertainty over the many companies, states and localities counting on $7.5 billion in federal funds to help build out their EV charging networks.

Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden's landmark 2022 climate law.

Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.

President Donald Trump is trying to halt the flow of funding for EV charging infrastructure from two programs that have benefited Tesla — the latest

US President Donald Trump has ordered his administration to “eliminate the electric-vehicle mandate” — his bid to undo regulations governing automotive pollution and fuel-economy standards which he says unfairly limit consumer choice.

President Donald Trump vowed to eliminate the electric vehicle mandate in his inaugural address. There is no mandate. His statement can mean a few things for Tesla and the U.S. auto industry. “We will end the Green New Deal and we will revoke the electric vehicle mandate,

Tesla stock jumped on the first trading day since the inauguration of now-president Donald Trump. Shares climbed despite Trump signing an executive order Monday aimed at reversing the prior administration’s electric vehicle policies.

U.S. President Donald Trump on Monday signed an executive order that called for considering the elimination of what he termed "unfair" subsidies for electric vehicles (EVs), as he moved to undo Biden-era policy legacies.