The Trump administration’s war on electric cars continues with the halt of a national program that sends money to states to install EV charging equipment. It was the latest move by President Donald Trump to reverse Biden-era EV policies — even as those policies have personally enriched his top ally, Elon Musk.

Telsa sold 63,238 from its plant in Shanghai, according to the China Passenger Car Association. That’s down about 11.5% year over year.

Competition between Tesla and Chinese domestic rivals is intensifying as the U.S. firm continues to launch incentives to keep its cars attractive.

EV automaker announced some pretty dismal numbers, including a net year-over-year sales decline and weak earnings numbers that included a 71% dip in net income to $2.3 billion. Despite signs pointing downwards,