Core Viewpoint - The Trump administration's overhaul of electric vehicle (EV) regulations is significantly impacting EV manufacturers Tesla, Rivian, and Lucid, particularly through the elimination of the regulatory credits system that has been a major revenue source for these companies [1][3]. Group 1: Impact on Revenue - Rivian has indicated that the regulatory changes have left over $100 million in revenue in limbo due to the inability to finalize credit sales [2][10]. - Tesla reported a $1.11 billion decrease in expected revenue attributed to the repeal of federal regulatory credit schemes, with future revenue also at risk [3][4]. - Tesla generated nearly $3 billion from selling regulatory credits to rivals last year, highlighting the financial significance of these credits [8]. Group 2: Regulatory Changes - The Trump administration has reduced penalties for not meeting fuel economy standards to $0, effectively eliminating the market for regulatory credits [9]. - The National Highway Traffic Safety Administration (NHTSA) has halted processing compliance reports during the overhaul of federal fuel economy standards, further complicating the situation for EV manufacturers [9][10]. - Rivian's Senior Director of Public Policy expressed concerns about the delays in finalizing credit sales and the lack of response from the NHTSA regarding these issues [10].