This GOP Senate Hopeful Is Railing Against Electric Vehicles. He Made Big Money Off EV Stocks.

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Eric Hovde

Chris D'Angelo is a senior reporter at HuffPost, based in Maine. He covers public lands, climate change, biodiversity and environmental policy. Prior to joining HuffPost, he wrote for daily newspapers in Hawaii.

US Republican Senate hopeful Eric Hovde speaks at a campaign event for former President and Republican presidential candidate Donald Trump in Racine, Wisconsin, on June 18, 2024.On the campaign trail, Wisconsin GOP Senate candidate Eric Hovde has repeatedly attacked electric vehicle subsidies, describing them as part of a broader green energy “tax scheme” and “corporate welfare.”

“Eric made smart investments because the stocks were trading below cash value, but he doesn’t believe in government picking winners and losers and he opposes the Biden-Harris EV incentives,” Ben Voelkel, a spokesperson for Hovde, said in an email response.

 

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