US President-elect Donald Trump could get rid of the current tax credit of 7,500 dollars for electric cars as part of a more comprehensive tax reform. Tesla is said to support these plans - although the company itself would be affected.

Connecticut has scrapped plans to introduce an electric car mandate following the election of Donald Trump. Under the proposal, those shopping for a new car in the state from 2035 would have had to purchase an EV.

The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice economic growth and loosen regulations. Electric vehicle makers, however, face a hazier outlook than most other businesses.

Car shoppers who have held off on buying a vehicle due to affordability concerns are unlikely to see relief if President-elect Donald Trump imposes the new tariffs he proposed during his campaign.

Elon Musk joined Trump on Capitol Hill for a meeting with Republicans—and the president-elect used the opportunity to ridicule the richest man in the world. Goldberg's birthday episode also included the return of the Wind Machine of Chaos and her face on a giant wheel of cheese.

Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader.

The Tesla CEO was named to a position in the second Trump administration on Tuesday evening. Investors don’t seem to be bothered by the idea.

It’s not just about DOGE. Elon Musk is getting a growing behind-the-scenes role in Donald Trump’s biggest decisions.