Trump's tariffs on Chinese parts for Cybercab, Semi disrupt Tesla's US production plans: Reports
- Electric vehicle manufacturing projects are being canceled under Trump's administration, totaling about $8 billion in 2025, exceeding last year's $1.6 billion, according to data from Atlas Public Policy.
- Companies are shifting manufacturing to other countries due to uncertainty caused by Trump's tariffs and regulatory changes, impacting manufacturers like Ford and GM.
- A Gallup poll indicates American interest in electric vehicles has dropped eight points since 2023, leading companies to consider hybrids instead.
- Trump's policies are causing European manufacturers to struggle, with 11 out of 16 planned battery factories delayed or canceled.
66 Articles
66 Articles
Proposed EV Manufacturing Facilities Are Being Cancelled
Over the past few years, electric vehicle (EV) manufacturing facilities producing lithium batteries and EV car parts were proposed across the United States due to tax credits and grants from the Biden climate bill, the Democrat-passed Inflation Reduction Act (IRA). Vehicles qualified for a $7,500 IRA tax credit based on their American-made parts and minerals, and companies could get additional funds if they manufactured batteries domestically. A…
The Ideological Twist in Elon Musk’s Tariff Opposition
“Trade barriers could be deadly to Elon Musk’s vision of a future with billions of humanoid robots and self-driving fleets roaming the roads,” Politico reports. “That’s not only putting him on a collision course with the president he helped put in the White House, it’s also creating an awkward alliance with the governor he left behind in California.”
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