Trump threatens to cut federal incentives for GM's electric cars

[Yo_Mama_Been_Loggin]

Trump on Tuesday threatened to end General Motors Co.’s federal tax credit for electric vehicles in retaliation for the company’s planned layoffs.

Trump tweeted that he is “very disappointed” with the company’s plans to close up to five manufacturing plants — four of them in the United States, one in Canada — and lay off about 15 percent of its workforce.

“We are now looking at cutting all @GM subsidies, including … for electric cars,” he wrote.

Trump has blasted GM and its CEO, Mary Barra, since the Monday morning layoff announcements and has pledged to take action to prevent the job losses.

https://thehill.com/policy/energy-environment/418490-trump-threatens-to-cut-gms-electric-car-incentives?userid=229233

He wants a car that runs on clean beautiful coal.

[montanacowboy]

1. The Chevy Bolt

is being phased out now, I think it's down to $3700 and then $1875 after that.

The new Hyundai coming out next year (Kona) will have about $7,500 credit and for quite a while as they have not used up much of their credits.

[kwassa]

6. Do you mean the Volt? This is the car they are canceling.

[Iliyah]

2. STFU, you helped caused this asswipe.

[malaise]

4. Ditto

[ooky]

5. Yep, get the hell off twitter and fulfill your promises to "bring back"

all the manufacturing jobs you lied about.

[WeekiWater]

3. Wonder what he has against lead.

Few too many paint chips as a child?

[kwassa]

7. Trump is a vindictive idiot. He thinks he is King.

[spanone]

8. trump couldn't care less about the workers....he's worried about HIS reputation....nothing more

[mahatmakanejeeves]

9. Doesn't the tax code have to make its way through Congress? NT

[lillypaddle]

10. Using threats to coerce

and punish. Our leading bully of the USA. What a disgusting pig.