Here’s what U.S. automakers are saying about Trump’s EV policies

At the President Donald TrumpFirst day in office, he signed executive Order Targets to eliminate “electric vehicle mandate” and remove subsidies in favor of EVS. Since then, his administration has taken steps to do so, while the automakers are quit to detect the impact on their lower lines.

Last last month, Environment Protection Agency proposed Disarray A landmark discovery since 2009 established that greenhouse gases pose a threat to public health. The implication is that vehicle manufacturers will no longer need to measure, control or report their greenhouse gas emissions.

This action follows Trump’s recent passage Tax and expenditure billUnder which $ 7,500 tax credits for new EVS and $ 4,000 credits for used EVS that were benefited by the automekers are ready to end after 30 September.

The new law will also end a provision that makes us as EV manufacturers Tesla And Rivian Trusted as a major revenue source. Usually, traditional vehicle manufacturers who sell gas-operated cars Regulatory loan For emissions coming from EV manufacturers from their telpipes. Under the new law, however, vehicle manufacturers will no longer have any reason to buy Regulatory loan -A win for gais-ghazalers and a loss for EV makers.

As a result of this changing EV landscape, American vehicle manufacturers are evaluating their product lineup and calculating the impacts of the dollar. What American vehicle manufacturers have said about soft rules on their latest income here are a roundup.

Tesla on 23 July Earning callCEO Elon Musk Said Tesla is in a “strange transition period” because it is related to losing EV incentive in America

Analysts said, “This means that we can have some rough quarters? Yes, we may probably do some thick quarters.”

CFO Vaibhav Taneja said Tesla focuses on manufacturing and distributing more vehicles in the US before ending this decline. As a result of this renewed focus, the ramping of Tesla’s low -cost model will slow down than the next quarter.

Taneja said that while Tesla has never planned his business around selling regulatory credits to other vehicle manufacturers, it will see low revenue as a result of those changes.

CFO Paul Jacobson said the company on 22 July Earning call He General Motors The government is estimating the headwind for profitability as a result of the removal of encouragement by the government.

He said he hope Crowd on EVS Before the tax credit ends, but then slow demand. However, he said that he hoped that changes in law will have a minimum impact on the 2025 results of the automaker.

Despite avoiding its portfolio, the automakers make a relatively small part of the total vehicle sales of the GM – an amount of up to 46,300 for the second quarter compared to the total vehicle sales of 974,000.

Jacobson said last month that GM is one “Built benefits” Above Tesla because it has more flexibility to change EV demand through its diversity of its gas and electrical offerings.

Paid CEO Gym farle Said on the company Call 30 July with analysts This has to change its EV spending and capital allocation as a result of soft regulations to “very large scale”, including launching and canceling some products.

He said that Ford today focuses on offering a full range of hybrids in its lineup due to the reality of EV market.

Regarding Ford’s hybrid strategy, he said, “We think it is much better than $ 60,000 to $ 70,000 all-electric crossover. We think the customers really want long-term want.”

CFO Sheri House stated that as a result of the tax credit going away, Ford may possibly pull some of its EV production from the US to other areas, such as more heavy bending over Europe or in internal combustion engine products.

Rivians are expecting no revenue from the regulator tax credit for the rest of 2025, CFO Claire McDono told analysts during this Tuesday callAs a result, the EV manufacturer brought his approach to the regulatory credit sale for the rest of the 2025, from his former perspective of $ 300 million.

CEO Robert Scarring stated that regulatory credit changes mark the short -term decrease in positive cash for the rivians.

However, he said that changes could also mean short long term competition in EV space, given that traditional manufacturers would be less encouraged to invest towards electrification.

“When we look at all those things together, it certainly puts something and takes something,” Scarning said.