Trump wants to kill the energy program that helped make Tesla what it is today

Tech 17-3-2017 Mashable 87
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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.

SEE ALSO: Hawaiian island gets a huge renewable energy boost thanks to Tesla

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...

More about Elon Musk, Tesla Motors, Tesla, Electric Vehicles, and Electric Cars

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