President Donald Trump wants to swing a heavy ax at government programs for innovative clean energy technologies — including an initiative that once backed Tesla.
Trump's budget proposal, unveiled on Thursday, would eliminate a major loan program that helped Tesla roll out its all-electric Model S. The costly but zero-emissions sedan later fueled Tesla's rise as one of the world's largest electric automakers.
The Advanced Technology Vehicle Manufacturing (ATVM) program is one of dozens of climate-related initiatives that Trump has placed on his chopping block. Read more...
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