How Trump’s second term could be bad for EVs, but great for Tesla

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 14 November 2024

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we’re talking about Elon Musk, Donald Trump, and Tesla — and I have to say, it feels like the first of many episodes about these three characters that we’ll be doing over the course of the next four years. Because when Elon used his wealth and influence to help Trump get elected, he also bought himself a seat at the president-elect’s inner circle. But what does the world’s richest person really want in return? And how is the CEO of an electric car company, an outspoken advocate for combating climate change, going to square his support for Trump and a Republican policy agenda centered on climate change denial? Verge transportation editor Andy Hawkins joins me this week to make sense of it all, and to figure out how Elon and Tesla may still benefit, even if Trump's climate policy reversals and tariffs lay waste to the auto industry. Links: What does Trump’s election mean for EVs, Tesla, and Elon Musk? | The Verge This election will decide what kind of car you’ll buy | The Verge Trump says Musk will lead ‘DOGE’ office to cut ‘wasteful’ government spending | The Verge Elon Musk attends Trump's first post-election meeting with House Republicans | CNBC At Mar-a-Lago, ‘Uncle’ Elon Musk puts his imprint on the Trump transition | NYT Musk believes in global warming. Trump does not. Will that change? | NYT Elon Musk helped elect Trump? What does he expect in return? | NYT With ready orders and an energy czar, Trump plots pivot to fossil fuels | NYT Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism | Reuters Trump’s return dims outlook for Chinese EV makers amid tariff threats | SCMP Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Callie Wright. Our supervising producer is Liam James. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Do you feel like your leads never lead anywhere?
0:04.0	And you're making content that no one sees.
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0:12.0	It's an AI-powered customer platform that builds campaigns for you,
0:15.0	tells you which leads are worth knowing,
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0:22.8	So now, it's easier than ever to be a marketer.
0:25.7	Get started at HubSpot.com slash marketers.
0:31.3	Hello and welcome to Decoder.
0:32.6	I'm Neil Appetal, editor-in-chief of The Verge, and Decoder is my show about big ideas and other
0:36.2	problems.
0:37.5	Tagline hits a little different lately, huh?
0:39.5	Today we're talking about Elon Musk, Donald Trump, and Tesla. And I have to say, it feels like
0:44.2	the first of many episodes about that mix of ideas that we'll be doing over the course of the
0:48.7	next four years. Elon's efforts to get Donald Trump elected president in 2024 will go
0:53.5	down in history is the ultimate money in politics story.
0:57.2	Elon dumped hundreds of millions of dollars into the race, used his platform X to relentlessly promote Trump,
1:02.6	and promised to run a government efficiency commission that will radically reshape how America operates, if any of his ideas actually get put into action.
1:10.8	Since the election,
1:12.2	Mosca's been deep in the mix planning Trump's second term. He's reportedly spending time
1:16.6	at Mar-a-Lago, weighing in on cabinet appointments, and even hopping on a phone with world
	...

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