Elon Musk supports a Trump plan to end tax credits of up to $7,500 for electric vehicle purchases.
That might sound confusing: Why would the CEO of Tesla want to end a program that makes it cheaper for people to buy EVs?
Well, according to Musk, it would devastate Tesla’s rivals. And Tesla wants to keep its strong lead in the US EV market, which recently slipped under 50% for the first time.
“I think it would be devastating for our competitors and for Tesla slightly,” Musk said in a July […]
Why Musk supports Trump getting rid of EV tax credits – Business Insider