The Trump transition team is reportedly planning to cut electric vehicle programs. This includes the $7,500 tax credit and Biden's $7.5 billion EV charging station initiative. The team proposes reallocating funds toward national defense efforts, battery material production, and critical infrastructure. Plans include imposing global tariffs on battery materials, waiving environmental reviews for federally funded EV projects, and ditching mandates to electrify federal fleets. Elon Musk and analysts suggest ending the tax credit could benefit Tesla by weakening its competitors, particularly traditional automakers.