Despite the expected hit to EV sales, Trump’s plan to end the incentive has received the blessings of representatives from Tesla, the best-selling EV maker in the U.S., sources quoted in the Reuters report say. Tesla CEO Elon Musk was recently appointed by the incoming administration to lead a newly-created “Department of Government Efficiency”.

President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation.