Tesla's Musk says Biden's electric vehicle bill should not pass Congress
The billionaire entrepreneur is escalating criticism about the administration and Democrats for a proposal to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. Tesla and foreign automakers do not have unions at their U.S. factories. “Honestly, it might be better if the bill doesn’t pass,” Musk said at the WSJ CEO Council Summit. “I’m literally saying get rid of all subsidies,” he said, adding that the government should “get out of the way and not impede progress.” Tesla has benefited from a variety of government aid and programs. Since 2019, Tesla generated more than $3 billion revenue from…
Source: https://freedombunker.com/2021/12/07/teslas-musk-says-bidens-electric-vehicle-bill-should-not-pass-congress/
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