America’s carmakers face an uncertain future in the wake of President Donald Trump’s signing of the One Big Beautiful Bill Act (OBBBA) into law on July 4.
The new law ends the $7,500 credit for new electric vehicles ($4,000 for used units) which was enacted as part of the 2022 Inflation Reduction Act as of September 30, seven years earlier than originally planned.
The promise of that big credit lasting for a full decade did not just improve finances for Tesla and other pure-play EV companies: It also served as a major motivator for integrated carmakers like Ford, GM, and Stellantis to invest billions of dollars in capital into new, EV-specific plants, equipment, and supply chains, and expand their EV model offerings. But now, with the big subsidy about to expire, the question becomes whether the U.S. EV business can survive in an unsubsidized market? Carmakers across the EV spectrum are about to find out, and the outlook for most will not be rosy.
These carmakers will be entering into a brave new world in which the market for their cars had already turned somewhat sour even with the subsidies in place. Sales of EVs stalled during the fourth quarter of 2024 and then collapsed by more than 18% from December to January. Tesla, already negatively impacted by founder and CEO Elon Musk’s increased political activities in addition to the stagnant market, decided to slash prices in an attempt to maintain sales momentum, forcing its competitors to follow suit.
But the record number of EV-specific incentives now being offered by U.S. dealers has done little to halt the drop in sales, as the Wall Street Journal reports that the most recent data shows EV sales falling in each of the three months from April through June. Ford said its own sales had fallen by more than 30% across those three months, with Hyundai and Kia also reporting big drops. GM was the big winner in the second quarter, overtaking Ford and moving into 2nd place behind Tesla in total sales. But its ability to continue such growth absent the big subsidy edge over traditional ICE cars now falls into doubt.
The removal of the per-unit subsidies also calls into question whether the buildout of new public charging infrastructure, which has accelerated dramatically in the past three years, will continue as the market moves into a time of uncertainty. Recognizing that consumer concern, Ford, Hyundai, BMW and others included free home charging kits as part of their current suites of incentives. But of course, that only works if the buyer owns a home with a garage and is willing to pay the higher cost of insurance that now often comes with parking an EV inside.
Decisions, decisions.
As the year dawned, few really expected the narrow Republican congressional majorities would show the political will and unity to move so aggressively to cancel the big IRA EV subsidies. But, as awareness rose in Congress about the true magnitude of the budgetary cost of those provisions over the next 10 years, the benefit of getting rid of them ultimately subsumed concerns about the possible political cost of doing so.
So now, here we are, with an EV industry that seems largely unprepared to survive in a market with a levelized playing field. Even Tesla, which remains far and away the leader in total EV sales despite its recent struggles, seems caught more than a little off-guard despite Musk’s having been heavily involved in the early months of the second Trump presidency.
Musk’s response to his disapproval of the OBBBA was to announce the creation of a third political party he dubbed the American Party. It seems doubtful this new vanity project was the response to a looming challenge that members of Tesla’s board of directors would have preferred. But it does seem appropriately emblematic of an industry that is undeniably limping into uncharted territory with no clear plan for how to escape from existential danger.
David Blackmon is a contributor to The Daily Caller News Foundation, an energy writer, and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.
In 2016, when Donald Trump announced his candidacy, he took the political world by storm. Trump introduced an entire generation of young men and women to a new kind of politics. His charisma and iconic moments fueled a political machine that reached its peak in the 2024 Presidential Election.
In the wake of that election, a large base of young conservative men and women, highly invested into the political state of the United States, have been left behind. While voices throughout the political sphere have sought to align themselves with this wave of young activists, the most successful have not been journalists or politicians. It’s been the content creators.
An entire generation of young adults are hungry for political content, but few understand them enough to provide it. The legacy media has abandoned the youth in support of an audience that has retained viewership. This doesn’t further any agenda but holds one captive. Creators like Dean Withers have begun to fill that void in progressive spaces, preaching politics but more importantly allowing direct open communication with his audience. That connection has created a cult-like following around these new Gen Z creators. And it’s exactly what we’re hoping to do with Off The Record USA (OTR-USA).
OTR-USA represents a platform for young conservatives, enabling them to grow and share their thoughts and opinions openly and honestly. With a goal to bring both sides closer together, we are looking for any voices, liberal or conservative, that are willing to have open and honest dialogues.
As Arizona natives, both of us have contributed to our communities. Carson graduated from ASU and has spent time developing relationships within Arizona politics, building a network of support that he used to grow ASU’s College Republicans.
Stryder is currently studying Journalism and Political Science at ASU and has contributed to several different clubs on campus, including the Emmy award-winning Walter Cronkite Sports Network.
With OTR-USA, we hope to empower young creators to amplify their messages and broaden their influence while getting to the truth in our country through investigative journalism, interviews, and connecting back to our communities.
In an age where information is easily accessible, audiences are desperate for the truth. And we will use our influence to promote the importance of loving one’s country, along with the values that make America great.
Join us, as we fight for a better future.
Carson Carpenter graduated with a bachelor’s degree from Arizona State University and serves as Co-Founder & CEO of Off The Record USA.
Stryder Bigler is currently studying Journalism and Political Science at Arizona State University and serves as Co-Founder & COO of Off The Record USA.
President Donald Trump’s One Big Beautiful Bill, supported by all Arizona’s Republican representatives, was signed on Friday, July 4th. The bill provides the largest tax relief in American history.
I’m on my way to vote for President Donald Trump’s One Big, Beautiful Bill.
Today’s wins include: 1. Tax cuts for everyday Americans 2. Funding for border security 3. Reductions in the Green New Scam
Among the bill’s most impactful provisions are no tax on tips, no tax on overtime, and no tax on Social Security benefits.
These policies are designed to put more money back into the pockets of the hard-working American people.
The “No Tax on Tips” provision offers a new deduction of up to $25,000 for workers in tipped industries. Whether tips are received in cash, by charge, or through tip-sharing arrangements, employees will keep more of their hard-earned income.
This measure is expected to save tipped workers nearly $2,000 annually, providing direct financial relief to millions of Americans in these critical industries.
The bill also eliminates taxes on overtime pay. This guarantees that workers who put in extra hours are rewarded greatly with bigger paychecks. This, as well, could also save Americans on average $2,000 a year.
According to a new study from the Council of Economic Advisers, 88% (48 million) of American seniors receiving Social Security will pay no taxes on their Social Security income.
For a single senior receiving the average retirement of $24,000 annually, deductions will exceed their taxable Social Security income. Similarly, married seniors with a combined Social Security income of $48,000 will also see their deductions surpass taxable income.
The One Big Beautiful Bill also delivers an average 15% tax cut for Americans earning between $15,000 and $80,000, significantly boosting take-home pay.
For a typical family with two children, this translates to an increase of up to $10,900 per year in after-tax income. The bill also boosts the standard tax deduction, raising it to $23,625 for married couples and $15,750 for singles, a benefit utilized by 91% of taxpayers.
According to the Council of Economic Advisers, the One Big Beautiful Bill will drive significant growth and fiscal stability. This includes:
Real wages increasing by up to $7,200 per year
Real Investment growing by as much as 10%
Creation of protection of 7 million jobs
Deficit reduction of up to $11.1 trillion, driven by $5.2 trillion from economic growth, $2.8 trillion from tariff revenue, $1.6 trillion from discretionary spending cuts, and $1.5 trillion from interest savings.
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
Among many issues, the past two elections have been a referendum on the public school system throughout our country. And that’s especially true here in Arizona. The people have shown that they are tired of the leftist indoctrination, wasted taxpayer dollars on declining test scores, attacks on parental rights, and more.
Immediately after his inauguration, President Trump proved that cleaning up our schools wasn’t just a campaign talking point. He issued an executive order (EO) ending radical indoctrination in K-12 schooling, and the U.S. Department of Education took action to eliminate harmful Diversity, Equity, and Inclusion (DEI) initiatives. It’s been a breath of fresh air, frankly, but the woke crazies in our state are not going down without a fight.
Back in February, a teacher at Marana High School was suspended after he challenged President Trump’s denial of the existence of more than two genders during a classroom lecture. Then, in May, an advocacy group released audio from inside a Catalina Foothills School District (CFSD) ninth grade health classroom where an alleged teacher gave a “lesson” on LGBTQ issues and criticized religious texts. What any of this has to do with “health” is beyond us, but it certainly shows the lengths these crazies are willing to go in order to push their radical message.
Not wanting to be outdone, Scottsdale Unified School District (SUSD) also decided to get into the mix…
At a recent Senate hearing, Health and Human Services Secretary Robert F. Kennedy Jr. said something I never thought I’d hear from a top federal health official: “I don’t think people should be taking medical advice from me.”
That wasn’t a dodge. That was honesty. And, frankly, it’s a breath of fresh air.
For too long, health bureaucrats in Washington have believed their job is to dictate Americans’ medical decisions. That mindset led to lockdowns, mandates, censorship, and the sidelining of safe, effective tools that were widely distributed earlier in the pandemic, such as monoclonal antibodies (mAbs). Secretary Kennedy’s testimony suggests a different view: the role of government is not to play doctor, but to protect the freedom of every American to decide what’s best for their own health.
That’s the right idea and the essence of true healthcare choice.
Contrast this with the last administration. Under President Joe Biden, Americans were forced to choose between a vaccine they didn’t want — with a plethora of boosters — and continued restrictions on their liberties.
Biden didn’t promote vaccine choice. He aggressively pushed vaccines and boosters as the primary defense from COVID. Meanwhile, monoclonal antibodies — preventive and therapeutic tools that cut the risk of hospitalization and death as high as 74% and 84% in high-risk patients — were pushed aside. The administration significantly scaled back their distribution even though mAbs successfully treated President Donald Trump and were backed by countless doctors who called for broader access.
Why? Because the Biden White House chose to prioritize vaccination above all else. It preferred to micromanage Americans’ care rather than empower families to make informed decisions.
That wasn’t science, it was politics. And Americans paid the price.
As my son Kentucky Senator Rand Paul, also a medical doctor, said countless times, some patients were even denied mAbs due to what he described as “partisan political games” — namely, the politically-charged FDA guidance that many hospitals felt pressured to follow throughout the pandemic. Five years later, the FDA still hasn’t fully approved a monoclonal antibody product.
That’s not “following the science” or respecting the people’s right and ability to make their own health care decisions. That’s the worst type of government overreach — micromanaging your medical decisions by erecting regulatory roadblocks designed to limit your options by and control what treatments and preventatives you can access. When Washington dictates what care you’re allowed to pursue, what opinions you’re allowed to hear, and what shots you’re required to take, you’re no longer living in a free country.
Now, under a new administration and with Secretary Kennedy at the helm of HHS, there’s an opportunity to chart a new course — one rooted in freedom, not fear.
Americans should have access to vaccines if they want them, but they should also have access to alternatives like mAbs. They should be allowed to hear all sides of a medical debate, not just the one approved by government “experts.” And they should be trusted to make informed choices for themselves and their families.
Secretary Kennedy’s comments may not have pleased the political class, but they honored the principle this country was founded on: government serves the people, not the other way around.
Real health policy doesn’t come from control. It comes from having confidence in the American people to make their own choices. At this early stage, I’m so glad that Secretary Kennedy seems to understand as much.
