Between tariffs, geopolitical conflict, and shifting views on psychedelic drugs and cannabis, investors have had no shortage of uncertainty to weigh. But one thing the Trump administration has been abundantly clear about, it is its distaste for carbon mitigation efforts, including renewable energy and electric vehicles (EVs).
Even though they were originally scheduled to run through 2032, the federal clean vehicle credits were terminated for vehicles acquired after Sept. 30, 2025. Without the tax incentive—which saved consumers $7,500 for new EVs and $4,000 for used EVs—sales have stalled.
