Author Topic: Elon Musk’s Feud With Biden Administration Escalates  (Read 132 times)

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Elon Musk’s Feud With Biden Administration Escalates
« on: November 01, 2021, 10:42:25 pm »
 Biztoc November 1, 2021

Tesla CEO Elon Musk called President Joe Biden a “puppet’ for the United Auto Workers in a Sunday tweet. Musk was replying to a tweet outlining electric-vehicle purchase tax credits proposed in the president’s infrastructure bill. The bill includes an extra $4,500 for EVs assembled by unionized labor.

Right now, Tesla vehicles no longer qualify for federal tax credits. The bill includes an extra $4,500 for EVs assembled by unionized labor. Tesla’s plant in Fremont, Calif., isn’t unionized, so the proposal could give EVs from other auto makers a pricing advantage.

Biden wants 50% of the cars sold in the U.S. to be all-electric by 2030. Musk called the decision odd in a tweet. Musk also has a problem with a Biden appointment to the National Highway Transport Safety Administration. He said the administration “seems to be controlled by unions.”

More: https://biztoc.com/p/p5rq2agb