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VisitStock market reaction to Trump's anti-EV policies in 2024
Significant drop in EV stocks • 33%
Minor impact on EV stocks • 34%
No impact on EV stocks • 33%
Stock market data, particularly stocks of major EV manufacturers
At Mar-a-Lago, Trump Asks Oil Execs for $1 Billion, Vows to Target EVs, Roll Back Biden Policies
May 9, 2024, 11:48 AM
At a recent dinner at Mar-a-Lago Club, former President Donald Trump met with top oil executives and requested they raise $1 billion to support his campaign to return to the White House. Trump promised to target electric vehicles (EVs) and roll back President Biden's climate and environmental regulations. He argued that the financial contribution would be a 'deal' for the executives, citing the potential for reduced taxation and lower regulations on big oil that would benefit their businesses. Trump's request reportedly stunned several of the executives present.
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Full rollback • 33%
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