President Donald Trump vowed to eliminate the electric-vehicle mandate in his inaugural address. There is no mandate. His statement can mean a few things for Tesla and the U.S. auto industry.“We will end the Green New Deal,

President Donald Trump ordered his administration to consider eliminating subsidies and other policies that favor electric vehicles, laying the groundwork for moves that risk slowing adoption of cleaner cars in the US.

President Trump revoked the executive order signed by former President Biden in 2021 that ensure 50% of all new vehicles sold in the U.S. would be electric by 2030. In his inauguration speech, President Trump decided to undo what he labeled as the electric vehicle mandate to save the U.