Inside the EV implications of the Trump-Musk relationship
Aug 13, 2024
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Elon Musk, the tech titan behind Tesla, joins political reporter James Bikales and energy journalist Josh Siegel for a lively discussion. They explore how Musk’s endorsement has softened Trump’s stance on electric vehicles. The trio dives into potential policy shifts if Trump regains the White House and the mixed reactions within the Republican Party about EV adoption. Additionally, they touch on the Texas Attorney General's investigation into CenterPoint Energy following Hurricane Beryl’s power outages. It's a compelling look at the intersection of politics and renewable energy.
Trump's softened stance on electric vehicles appears influenced by Musk's endorsement, yet skepticism remains about genuine policy changes.
The complex dynamics of EV politics show bipartisan support for the technology but caution against premature government incentives.
Deep dives
Trump's Evolving Stance on Electric Vehicles
Donald Trump's recent shift in rhetoric about electric vehicles highlights his changing position on the matter. Although he has previously criticized EVs as expensive and impractical, he now seems to embrace them, at least partially, influenced by Elon Musk's endorsement. Observers in the electric vehicle industry remain skeptical about whether this change will translate into actual policy shifts should Trump return to office. Experts believe he is likely to retain aggressive stances against Biden's EV incentives and EPA regulations, maintaining that Trump's support is more about political strategy than a genuine belief in EV technology.
Complex Politics Surrounding Electric Vehicles
The dynamics of electric vehicle politics reveal that opinions on the matter are not strictly divided along party lines. Many Republicans support the technology but oppose government policies perceived as promoting electric vehicle adoption ahead of market readiness. This concern is reflected in comments from congressional Republicans, who emphasize the need to scrutinize consumer-focused incentives while potentially supporting manufacturing investments in their districts. The ongoing discussion showcases the intricate nature of EV politics, suggesting that they will continue to play a significant role in upcoming elections.
Donald Trump has softened his attacks against electric vehicles after picking up Elon Musk’s endorsement. But EV industry officials say their relationship is unlikely to deter Trump from going after Joe Biden’s EV policies if he returns to the White House. POLITICO’s James Bikales and Josh Siegel discuss the EV policy implications of the Trump-Musk relationship. Plus, the Texas attorney general is investigating CenterPoint Energy over its response to Hurricane Beryl, which left millions without power last month.
James Bikales is the host of Morning Energy and a reporter for POLITICO. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.