Trump vs. Musk: Fight for electric cars and subsidies escalated!

Trump vs. Musk: Fight for electric cars and subsidies escalated!

Schmalkalden-Meiningen, Deutschland - The argument between former US President Donald Trump and Tech billionaire Elon Musk currently causes a stir. Trump once again expressed sharp criticism of Musk on his Truth platform. He claims that Musk receives more subsidies than any other and possibly his business should be closed, if they are eliminated. This is done in the context of a tax and expenditure law promoted by Trump, which could have a clear impact on the electric vehicle industry. Musk Himelfe fought hard against this draft law on social media and even thought about the establishment of its own political party, reports Insuedthueringen.

What is behind the criticism? In addition to the allegation of the exaggerated subsidies, Trump also addressed the California EV mandate, which from 2035 only permits battery-operated or hybrid vehicles. His most recent action, which aims to cancel this mandate, contributes to heating the debate. Musk was already against this mandate before his support for Trump and is still extremely dissatisfied with the developments.

Musk warns of serious consequences

While Trump is popular with his statements, Musk brings the possible consequences of political decisions to the table. In a comment on the latest version of the tax program, which also plans to delete the $ 7,500 tax credit for electric vehicles, Musk said that these cuts could be "Incredibly Destructive" for the national economy. This could not only endanger jobs in the electric vehicle industry, but also harm progress in the area of ​​sustainable energies. Musk has announced his resentment about developments on the platform X, formerly known as Twitter, so [Latimes] (https://www.latimes.com/business/story/2025-06-30es-as-as-tax-bill-cuts-electric-vehicle- credits).

In the middle of this political turbulence, the entire electric vehicle industry is on the brink. The cut of tax incentives makes it more difficult for manufacturers to remain competitive. One thing is clear: the political decisions of the coming months will be crucial for the future of electric vehicles in the USA. Industry representatives already warn of a possible loss of leadership role in the area of ​​energy innovations, which could significantly weaken the USA in the global competitive landscape, such as [blue-autonomous] (https://blauautonom.com/2025/05/anischeiz-f%C3%BCr-elektro-lahrzeiten-in-nuen- ernuen-s- GEUSENGEST-GES/) reported.

The direction of the market

With the impending loss of the promotional premiums for electric vehicles, which could come into force from December 7, 2025, both manufacturers and consumers must adapt to enormous changes. The purchase funding of up to $ 7,000 that previously applied to new electric vehicles is not only an incentive for potential buyers, but also promote innovation and investments within the industry. If these course positions are not reversed, this could have consequences for the entire industry, from automotive manufacturers to the developers of new technologies.

The hope remains that all actors - from politics to companies themselves - recognize how important the preservation and promotion of electric vehicles are for the future of our energy dependency and economic growth.