Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. But Trump is working to strip away the federal and state policies that have fueled Tesla’s rise–EV tax breaks, carbon credits and money for charging stations. Investors and analysts are divided over whether Musk’s Trump support and active White House role is driving Tesla into the ground, or, somehow, securing its future. CNBC takes a look at the evidence and breaks down both the optimistic and pessimistic cases.
Chapters:
00:00 - 01:12 Introduction
01:19 Chapter 1: Trump and EV mandates
03:37 Chapter 2: EV tax credits
05:56 Chapter 3: Tariffs, vehicle credits, and charging
09:32 Chapter 4: Bull cases
Producer: Robert Ferris
Editor: Evan Lee Miller
Animation: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Production Support: Lora Kolodny
Additional footage: Chevrolet, Ford, Getty Images, Hyundai, Kia, Tesla, Toyota, Rivian, Waymo, Zoox
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What Will Happen To Tesla If Trump Cuts EV Credits?
Chapters:
00:00 - 01:12 Introduction
01:19 Chapter 1: Trump and EV mandates
03:37 Chapter 2: EV tax credits
05:56 Chapter 3: Tariffs, vehicle credits, and charging
09:32 Chapter 4: Bull cases
Producer: Robert Ferris
Editor: Evan Lee Miller
Animation: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Production Support: Lora Kolodny
Additional footage: Chevrolet, Ford, Getty Images, Hyundai, Kia, Tesla, Toyota, Rivian, Waymo, Zoox
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to earn some extra money on the side? Take CNBC’s new online course How to Start a Side Hustle to learn tips to get started and strategies for success from top side hustle experts. Pre-register now and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through April 1, 2025: https://cnb.cx/4gPqi2y
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
What Will Happen To Tesla If Trump Cuts EV Credits?