President Trump and Elon Musk FEUD implodes the car market!

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The feud between President Trump and Elon Musk can send shockwaves through the automotive industry. The car market can take a direct blow from these exchanges. With Electric Vehicles taking the backburner and V8s re-entering the scene, the car market is about to get shaken up.

The Trump and Elon Fued will impact the car market in some shape or form.
- The One Big Beautiful Bill Act that the House of Representatives passed on May 22, 2025.
- This bill includes a provision that would allow taxpayers to deduct the interest paid on car loans for vehicles assembled in the United States.
- This measure aims to encourage the purchase of American-made cars and support the domestic auto industry.

Key features of the "One Big Beautiful Bill" regarding American-made cars:
* Auto loan interest deduction: The bill proposes allowing a tax deduction of up to $10,000 annually for interest paid on qualifying auto loans for vehicles assembled in the U.S.
* Timeframe: This tax break would apply to purchases made between 2025 and 2028.
* Eligibility: The deduction would apply to vehicles assembled in the U.S., including electric vehicles (EVs), RVs, trailers, all-terrain vehicles, and motorcycles.
* Incomes 100K-200K single or jointly.

Trump Admin already dialing back the stifling epa restrictions and regulations that are wasting money.

Trump is halting government subsidies for EV sales… no more tax credits paid for by the American Taxpayer.

Pulled the rug out from under CA making it so they can’t force their radical left emissions standards.

- Tariffs are a constant discussion, although some claim they could increase MSRPs on some vehicles up to 20-25%, the reality is more like 5-7%. In a time where vehicles already cost far too much, manufacturers don’t have the luxury to spike prices anymore. It only hurts themselves, as people refuse to buy.

Let me know your thoughts on this ongoing feud between Trump and Elon. Thank you for taking the time to tune into these videos, if you found any value in this, please consider Liking and Subscribing to see more similar content. Your support is greatly appreciated!

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#vehicles #trump #carmarket #autoindustry

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