Trump ditching EV mandates may be good for EV market: Strategist

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Donald Trump Notícia

Elon Musk,Trump Presidency,Aniket Shah

Former President Donald Trump has recently secured an endorsement from Tesla (TSLA) CEO Elon Musk. Jefferies global head of sustainability and transition...

) CEO Elon Musk. Jefferies global head of sustainability and transition strategy Aniket Shah joins Market Domination to discuss the move and whether a Trump presidency would actually benefit the EV maker.

So I think that uh Elon Musk endorsing President Trump Elon Musk saying that you know what, we actually don't need these tax credits um anymore from the US government.And that's that, I actually don't think that's a, that's a bad outcome um for the decarbonization of the transportation industry. And it's started really with Tesla uh who brought electric vehicles to the four in a mass commercial way.And yes, we've seen a little bit of a slowdown in the growth of electric vehicle purchase.

During the Obama administration, the Trump administration and the Biden administration, um Clean energy installation rates co2 emissions per capita.So, you know, the headlines are interesting and so on and so forth, but there are technological revolutions that are happening in electric vehicles, in solar, in wind and batteries.

 

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