In a recent speech, President Donald Trump expressed his support for electric cars, citing his endorsement by Elon Musk, the CEO of Tesla. Trump acknowledged that while he believed electric vehicles (EVs) should be part of the market, he also emphasized the importance of maintaining a diverse range of automobile options.

During his speech, Trump criticized Democratic Presidential nominee Kamala Harris for her proposal to replace gas-powered cars with all-electric vehicles. He argued that electric cars have limitations, such as limited range and high costs, as well as the fact that many are manufactured in China. Despite these concerns, Trump clarified that he is in favor of electric cars thanks to Musk's endorsement, stating, "So I have no choice."

The President further expressed his belief that exclusive reliance on EVs would be unwise, primarily due to the infrastructure required to support them. Trump highlighted the high costs associated with installing EV chargers, particularly in the "middle West" region, where he claimed the country would need to spend $9 trillion. He mentioned that the cost of installing just eight chargers amounted to $9 billion, which he deemed a good deal.

While addressing different subjects during his speech, Trump also mentioned his determination to end what he called the "$100 trillion green new scam," lower energy prices, and revive various drilling projects. He even revealed his apparent plan to build an iron dome over the entire country as a defense against a potential World War 3 threat, which he believed was imminent.

It is important to note that the "mandate" mentioned by Trump does not exist, but it is likely he is referring to emissions standards set by Joe Biden with the Environmental Protection Agency (EPA). These standards aim for a 67-percent market share of overall EVs in U.S. light-duty auto sales by 2032. Additionally, Biden's goal is to have around 50 percent of auto sales as electric vehicles by 2030.

The future of the $7,500 federal EV tax credit program also remains uncertain if Trump is re-elected. Trump and his running mate, J.D. Vance, have previously voiced opposition to the credit, which aims to encourage EV adoption. Vance has proposed a bill to replace the credit with an equivalent amount for gas-powered vehicles, citing concerns about reliance on China for EV manufacturing and materials.

Trump's statements regarding EVs were made during a recent rally, which can be viewed in its entirety. The President's endorsement by Elon Musk and his expressed support for electric cars have further fueled the ongoing debate surrounding the future of sustainable transportation and the role of government incentives.

In conclusion, President Trump has indicated his support for electric cars partly due to the endorsement of Tesla CEO Elon Musk. While acknowledging the benefits of EVs, Trump also underscored the need for a diverse range of automobile options and expressed concerns about the cost and infrastructure requirements associated with widespread adoption of electric vehicles. The President's stance on this issue and its potential implications continue to be closely scrutinized as the election approaches.