That is the CEO of Ford telling Walter Isaacson the real honest truth about the future in U.S. car manufacturing vs China.
We had started to try to catch up and then we decided to vote for a TV star because we thought eggs cost too much and the old man and the Black lady were icky.
Here’s what the Chatbots say about Trump’s policies:
Removal of Incentives: Trump repealed nearly all EV tax credits from the Inflation Reduction Act (IRA), causing a substantial drop in consumer demand and a 46% decline in sales after the credits expired in September 2025.
Rollback of Regulations: The administration reversed strict EPA tailpipe emissions standards and revoked California’s authority to set stricter vehicle standards, removing pressure on manufacturers to produce electric vehicles.
Infrastructure Funding Freeze: Funding for the National Electric Vehicle Infrastructure (NEVI) program, aimed at building highway charging networks, was frozen.
Impact on Industry Investment: Major US automakers (Ford, GM, Stellantis) reacted to reduced government support and changing demand by slashing over $52 billion in planned EV investments and delaying battery plants.
Tariffs and Trade: The administration announced potential 25% tariffs on European autos and pursued stricter regulations on foreign components. [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]
As he said, “we’re going back to fossil fuels. We have to be smart.”
Yeah