Elon Musk slams Biden administration proposal: 'Delete it'
on Monday, where he also reiterated his opposition to efforts by Democrats to tax billionaires.Getty Images’s CEO Council Summit, Musk said he hoped that the bill doesn’t pass, adding that he would just “just can this whole bill.”
The billionaire said the government should get rid of all subsidies and it should “get out of the way and not impede progress. The $1.8 trillion social-spending and climate bill passed by the House offers consumers a tax credit of as much as $12,500 for buying electric vehicles built by union workers in the U.S.
Under the proposed law, EVs made in non-union factories, like Tesla’s, would qualify for a much smaller tax credit., also dismissed the bill’s proposed $7.5 billion spending on expanding America’s network of EV charging stations, calling it “unnecessary”.that it was written by Ford and the United Auto Workers lobbyists, “as they make their electric car in Mexico.
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