Elon Musk

The US should ‘get rid of all’ government subsidies claims Elon Musk

Elon Musk, at the Wall Street Journal’s CEO summit, stated that he doesn’t think the United States needs the Biden cabinet’s infrastructure bill — or any government subsidies, for that matter. “Just delete them all,” Musk claimed.

The Tesla CEO during the interview concluded that he’s perturbed about the federal shortage. “We’ve spent so much money.. the federal budget slippage is insane,” he said.

“I would say… can the whole bill. Don’t pass it, that’s my recommendation,” Musk said.

Musk highlighted that his company Tesla has been selling its electric cars for about two years in the US without the $7,500 federal tax solvency, without profiting a big hit. Most other automakers, save for General Motors, are still fit for solvency.

The Build Back Better portion of Biden’s infrastructure plan currently incorporates a provision to extend that solvency and add another subsidy for electric vehicles made by union workforces, though it still needs to be achieved through the council. Musk has mocked the union-focused solvency in recent times and called Mr. President a “puppet” of the United Auto Workers.

Musk also said he doesn’t believe the US government should be providing subsidies to dilate charging infrastructure — though that provision is in the infrastructure bill now that Biden has already inscribed it into law.

Elon also stated that “do we need support for gas stations? We don’t. So there’s no need for this.”

Tesla presently employs more than 3,000 charging stations with around 30,000 connectors around the world but intends to open that network to other electric vehicles sometime in the future.

In recent times, Tesla has succeeded in China after receiving much aid from the central government. Musk said that Tesla “did not anticipate any subsidies” even in its early years.


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