Elon Musk said at the CEO summit of the Wall Street Journal on Monday that he believes that the United States does not need the Biden administration’s infrastructure bill – or any government subsidies. He said: Delete them all. The Tesla and SpaceX CEO said in an interview that he was worried about the federal deficit. We have spent so much money… the federal budget deficit is crazy, he said.
I want to say… Don’t pass the entire bill, this is my suggestion, Musk said.
Musk pointed out that in the absence of $7,500 in federal tax incentives, Tesla has been selling electric vehicles in the United States for more than a year without being affected by demand. With the exception of General Motors, most other automakers are still eligible for discounts.
The Build Back Better section of Biden’s infrastructure plan currently includes a clause to extend the concession and add another subsidy for electric cars manufactured by union labor, although it still needs to pass Senate approval. In recent months, Musk mocked the union-focused subsidies and called Biden a “puppet” of the Auto Workers Federation.
Join RealMi Central on Telegram, Facebook & Twitter
Musk also said that he does not believe that the US government should provide subsidies for expanding charging infrastructure-even though Biden has already signed this provision in the infrastructure bill.
Do we need support for gas stations? We don’t need it. So there is no need to do this, Musk said.
Tesla currently operates more than 3,000 charging stations around the world and has about 30,000 superchargers, but plans to open this network to other electric vehicles sometime in the near future. Over the years, Musk’s company has benefited from many different federal and state government subsidies, and the government is SpaceX’s main customer (although SpaceX has won most of its business by drastically lowering the prices of established companies). Musk said on Monday that in the early days of the company’s establishment, Tesla “is not expected to receive any subsidies.”