Just to start out: the federal EV tax credit is still alive and kicking. It was not eliminated by the stroke of Donald Trump’s pen because it can’t be. The tax credit — $7,500 for a new EV, $4,500 for a used one — was passed by Congress as part of the Inflation Reduction Act (IRA), and it would take another act of Congress to do away with it.

President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.

President Trump signed an executive order to undo Biden-era electric vehicle policies, creating uncertainty for the $7,500 federal tax credit.