It is fascist, though, only in the context of other actions by the administration.
If you look at various definitions of what facism means, you may see something like: "characterized by severe economic and social regimentation and by forcible suppression of opposition" (from M-W).
A "loyalty rating" implements both economic regimentation (the insinuation that higher scoring companies have better favor) and suppression of opposition (that companies actively avoid being seen as opposition).
So this is text-book fascist behavior.
It's not hyperbole to envision the justice department looking the other way for high-scoring companies, and actively persecuting low-scoring companies. You're right in that this is already happening (like with e.g. Harvard), but implementing a score in the open makes it shockingly easy to carry out fascist directives across the government bureaucracy.
Because your experience with the government in a democracy shouldn't be dependent on whether the person in power decides you have shown sufficient fealty.
> unless you assume it will be used for punishing poorly cooperative companies.
Like they have so far?
You don't have to assume that. The US government has already made that policy quite clear.
[0] https://www.newsweek.com/ev-tax-credit-2024-tesla-model-3-ex...
Also, comparing the actions of Trump to anything any previous President (including Trump 1!) almost feels like you’re being disingenuous.
Believing the anonymous source about (rather believing that Axios hires credible journalists who will investigate sources) is not a stretch based on what we’ve seen. The implications are not imaginary at all. These are things the president has done.
The previous administration changing some guidance that impacts a massive industry and for vague reasons _may_ be targeting a political adversary, is a much shakier case.
Frankly, this massive difference in scope is why I think comparisons are often disingenuous.
Afterwards when it came to implementing them the administration implemented them as loosely as it could to try to minimize the number of EVs that would lose the tax credit. In particular it did not apply them to leases, which greatly upset Manchin who said that they were supposed to apply there too.
[1]: https://truthsocial.com/@realDonaldTrump/posts/1146322069923...