Electric vehicle shoppers could be thrown a couple of curve balls in 2025 if the Trump administration goes through with some of its plans.

Of course, Trump was once a sharp critic of Musk, too, which is especially notable given how tight the pair are now. A look at some of Trump's comments on EVs — and Musk: Trump marked Christmas 2023 with a social media post lumping “All Electric Car Lunacy” in with a number of political enemies that he said “are looking to destroy our once great USA.

Tesla’s stock has dropped by nearly half in three months, losing most of the gains it made following the U.S. election last year, when CEO Elon Musk helped fund the victory of President Donald Trump.

Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced. The company’s market capitalization has dropped 45 percent since hitting an all-time high of $1.5 trillion on December 17,

That comes as many Tesla owners are looking to unload their cars as a sign of protest over Elon Musk’s actions at DOGE. Tesla’s stock price isn’t the only thing that has been plunging lately. Resale value on the manufacturer’s vehicles continues to fall,