“Electric cars are good if you have a towing company,” President Trump said at a campaign rally in Iowa in October 2023. At another appearance the next month, he said, “You can’t get out of New Hampshire in an electric car.” #alwaysbecharging

"Republican leaders say that electric vehicles do not deserve subsidies in the tax code and that their tax bill levels the playing field that Democrats had tilted in favor of one technology. A hundred years ago, lawmakers also put their thumbs on the scale — and came down on the side of oil."

"The oil industry has enjoyed numerous tax breaks. One was enacted in 1926 when Congress allowed oil companies to deduct their taxable income by 27.5 percent of their sales. The sponsor of the legislation later admitted that the incentive was excessive."

“We grabbed 27.5 percent because we were not only hogs but the odd figure made it appear as though it was scientifically arrived at,” Senator Tom Connally, the Texas Democrat who sponsored the break, was quoted as saying in a bio, “Sam Johnson’s Boy: A Close-Up of the President From Texas.”

"That tax break lasted for decades. It was eliminated for large oil producers and reduced for smaller companies in 1975." Perhaps unsurprisingly, crude oil became dominant. The Energy Dept. noted on a timeline on its website that electric cars “all but disappeared by 1935.”

"Now, the decades-long tug of war between ICE and electric is intensifying, & electric cars may be in trouble, in 🇺🇸 Sales are growing fast across the world, increasing 35% in China, 25% in Europe (@rhomotion.bsky.social), but in the US, sales were up a modest 11% in the first 3 mo of '25"