Trump's threats to pull electric car subsidies could kill U.S. jobs and give China an edge

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President Trump’s threat to eliminate tax credits for all electric vehicles could create potential chaos for an auto industry that is just ramping up its roll-out of battery-based vehicles that are efficient, family friendly — and growing in popularity.

 

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Hell of a businessman my butt

Explain to be how he can unilaterally eliminate these subsidies?

Trump only reacts with out understanding what truly is going on. He must think before reacting. But is this a role he has ever been part of?

Where do electric cars get their power from? Thin air? No, they’re still using power generated by mankind.

TheMidPod What a stupid thing to do.

Trump ducking this economy-up, be careful who you vote for

ReadyToRelax What's the opposite of a stable genius?

BlindMelon1967 Total disrespect for environmental protection

Sweet Jesus help us all. Donald is totally crazy.

Why do electric cars need subsidies?

Omg. You have got to be kidding. This is getting ridiculous, excuse me reDONKulous.

Why should anyone get a tax break for building or buying an electric vehicle to begin with?

I just bought a new car and didn’t get any tax credit!! Let the free market function on its own!! When the time is right people will buy electric vehicles!!

So, 4 jobs? Lol I've never seen an electric car, no one buys that garbage.

If electric cars are so great they will sell even without subsidies.

I hope no one is urprised at this. He is a vile human being and only cares about himself and money.

Donald is a fossil, on the wrong side of progress. Again, and constantly.

but no one is buying. remember that chevy volt obama promised to buy? 😂😂

Who is giving the Pres all these crazy bad ideas for trump to do?

FatBaby LittleDonny

Screw electric cars.

WHAT?

And why is it up to the taxpayers to pay for an auto makers promo to purchase cars. Make the electric cars affordable and useful for everyone and sales will boom.

Think about that for a moment: why would anyone want to do that?

Let me guess... now he has beef with Elon Musk?

No, that's not true. Just more fake news.

This is stupid lol I’m very impressed with Tesla! I want one now

He has a large gut, he using his gut feelings, and we all know guts are just a processing plant for St. Not complicated when you follow the path for the processing plant product as it leaves the As%ole.

I am infuriated at how 45 says he wants economy to grow then turns around and institutes economic policies that do the opposite!

GreenEyedLilo So we’re basically watching Big Oil come crashing into the Auto Lobby?

digby56 Only Congress can do that.

So he should ,why should the tax payer pay the wages of private companies and there shareholders complete farce if there not making money no shareholders or boss should get paid

gotta keep sucking those fossil fuels out of the earth! So you need cars that run on them.

digby56 StableGenius my ass.

If the public actually wanted electric/hybrid type vehicles, the government wouldn't have to subsidize their sales. Eliminate the tax break! You liberal tree huggers need to pay your fair share!

How about the fact gm just caused thousands of America's jobs? How about the fact the electric car depends on power plants that put off co2 just like a gas car? Either the car puts off co2 or the power plants put off even more c02. walkawayfromgm

Soybean farmers could not be reached for comment

95% of the idiots that will comment on this article are driving gas powered cars because electric ones are unaffordable, even with the credit.

Con man being used by oil industry. Weak, pathetic person.

Another example of DJT doing the wrong thing from opposite land.

And this would be trumps idea of retaliation for GM’s closing their plants here in America. Trump is pissed because they took his tax breaks and are making him look like the fool he really is.

traitor trump is going to triple tax credits for coal burning cars and is going to replace Air Force One with Steam Train One and a customized railcar. little donnie's love for coal started as a child as that's what Santa left for him.

AKA lining up for a turn at the taxpayer tit. Buy your own damned EV, the rest of us don't want to pay for it.

Trump is putting our country so far behind China and so many other countries. Trump destroying America

Well he does need to keep his Saudi Prince happy.

He’s either owned by or has ownership in oil companies.

I mean, coal though. Right!!!! Imbecile. ducklips IllegitimatePresident

Proving again how he managed to go bankrupt running a casino.

What an ass realDonaldTrump

I don't believe that. Oh, and cars in general are efficient and family friendly. Mind your infantile phrasing, NBC twit staff.

He is blackmailed by Russia AND AND AND C H I N A !!!!

Another lie

Electric cars are not efficient. And they are more polluting over their lifespan than regular cars.

Well there goes the market again!

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