Elon Musk erupts over California plan that could cut Tesla from EV tax credit

[groundloop]

Source: The Independent

Elon Musk blew up in a post on X after California Gov. Gavin Newsom floated the possibility of providing tax credits for buyers of electric vehicles that might not include Tesla.

“This is insane!” complained Musk, who has been chosen by President-elect Donald Trump to head a new federal efficiency department to cut waste from the government.

Newsom’s office announced Monday that it plans to relaunch California’s subsidy of up to $7,500 in tax credits for buyers of electric vehicles if Trump cuts the same EV federal tax credit, as he’s expected to do.

California’s potential plan would likely not include Musk’s cars because the program would be aimed at helping carmakers with smaller market shares, both Bloomberg and The New York Times reported. Tesla accounted for 56 percent of new EV sales in California during this year’s third quarter.


Read more: https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-tesla-california-electric-vehicle-tax-b2654044.html

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So let me get this straight..... Musk wants to eliminate federal tax credits for electric vehicles, yet is pitching a hissy fit when Tesla won't qualify for California's tax credits.

[ck4829]

1. Government efficiency

[PortTack]

2. This is the kind of kick back we need a whole lot more of!

How bout that new fleet of ford police vehicles going to another car maker. Ford gave big time to the gqp

No more Applebees, kfc or Pizza Hut at the state level employee buffet.
State employees required to use Lyft instead of Uber for business travel, same with airlines…no more delta.

We can hurt them where they will understand!

[onecaliberal]

3. I love my Governor.

[Phoenix61]

4. I do too! Sadly, mine is DeSatan. nt

[JPK]

38. I love him too.

And I'm in the "Free State of Florida".

[Bluetus]

17. One must be careful to establish ojective standards that can be applied uniformly

and there can be some legal issues if states take actions against companies for behavior that doesn't actually occur within the state. Having said that, I am very much in favor of the blue states joining to apply maximum pressure against these billionaires and rogue corporations that are directly attack our democratic system of government by interfering in elections. Here is what I think COULD hold up to a federal challenge:

The solid blue states (CA, IL, OR, WA, NY, NJ, MA, MD, VA, etc.) form a consortium to guide public investment. The purpose would be to establish a set of corporate standards companies must meet NATIONALLY in order to qualify for any state government contracts, grants, partnerships, tax abatement or any other assistance. There could be multiple factors that would go into the rating of each entity, but some of the factors could be:

* Support for unions and fair pay/workplace practices
* Commitment to decarbonization
* Commitment to living wage
* Requirement to fully utilize existing work forces, especially within the consortium states, before seeking any foreign worker visas
* Limits on executive total compensation (including fringe benefits, options, and other compensation) to no more than 150X the average worker salary throughout the entity. (Note that Musk is about 100,000x the average Tesla worker.)
* No corporate funds spent on election funding, and some objective limit on the amount of lobbying
* and so on

Rules like this would immediately eliminate the worst offenders, yet be completely objective, not singling out any particular company.

[NJCher]

21. I love this idea

resident of NJ here. Did you come up with this on your own or is this an idea that's floating around out there and I just happened to miss it.

NJ pays out $10 billion to the rest of the states (except other states, like NY). Any ideas on how we can keep more of our money instead of giving it to anti-Democratic red states?

[Bluetus]

23. I have been pitching this to anybody who will listen for the past 10 years

[NJCher]

26. Your day has come

The time is right.

[SunSeeker]

5. The old federal EV tax credit worked the same way, Tesla did not qualify.

The old federal EV tax credit only applied to manufacturers who had not yet met a certain quota of EVs sold. Tesla had long ago blown past that EV quota.

Interesting how Eloon didn't complain about that EV tax credit critera the whole 4 years Trump was pResident.

Teslas are now eligible again for that federal tax credit thanks to the green energy components in Biden’s Inflation Reduction Act that Trump wants to get rid of.

[Quanto Magnus]

33. GM was part of that cap problem too.

I bought in 2020 and missed the cutoff by 2 months. Seemed so arbitrary ending in March of 2020...

Still happy I bought my Bolt

Co-Prez-bro doesn't really care about whether people actually get the credits. He'll take his subsidies though!!

[JPK]

40. I bought a 2019 Volt

I've had it a little over a year and I love it. I have spent approximately $150.00 in gas over the last 14 months. It replaced a 4.7L Grand Cherokee that was getting around15 mpg. I spent well over the Volts gas price each month.

[Native]

6. I hope the blue states decimate Elon until he's screaming in a courtroom louder than Giuliani

[Bernardo de La Paz]

7. Stupid Musk moved Tesla out of California in a fit of pique. If he stayed he'd get the California credit

Ego thought he was tweaking California's nose good and hard but instead he is going to get his butt kicked by tRump when the latter gets tired of his whining and hanging around and upstaging. Starting with the elimination of federal tax credits.

[NJCher]

24. for a guy who is

supposed to be smart, he thinks things through like the average republican.

[Bernardo de La Paz]

8. mElon doesn't know much about electric cars or govt operations

[LittleGirl]

10. Pete trolled Musk and Musk thanked him!

Best thing I’ve seen all week/month!

[xocetaceans]

9. A symphony of tiny violins should serenade Elon now....

[LittleGirl]

11. Ha ha

We’re getting solar in 2025. We will probably buy an EV in 2026 but neither will have Tesla’s name. I will not give one penny to that guy. I live in CA.

[orangecrush]

12. ...

[usonian]

13. 100% "Efficient" government.

100% of tax revenue subsidizes Musk Industries.

[City Lights]

14. Poor baby! Elonia is always whining about something!

Suck it up, pretty boy!

[YoshidaYui]

15. kick him in the balls, Gavin

nothing better than Elon Musk bent over in pain.

[maxrandb]

16. Stop Buying EFFING TESLAs!!!!!!!!!!!!!

JFC! Anyone who buys, uses, quotes, mentions, or glances at that South African Nazi, or the products his businesses create is buying a FUCKING Volkswagen from 1930s Germany!!!

THE MONEY, TWEETS, MENTIONS AND GLANCES ARE FUCKING FUNDING FASCISM!!!!!

Why is this so FUCKING hard to understand?

When I look at a Tesla, I see a German Tank, with the guts of murdered innocents greasing the treads. You should too.

Does America have to be completely destroyed before you remove EVERYTHING Musk touches from your lives?

Seriously, what is it going to take?

Concentration Camps?
Miscarrying women bleeding out?
Armed Nazis in the Streets of our cities?
The National Guard in your neighborhood?

What the fuck will it take for Democrats to STOP GIVING THIS PIECE OF SHIT YOUR MONEY AND YOUR TIME?

[orwell]

22. I wish I could rec this...

...10,000 times.

I have been pleading with people for years to stop funding this ketamine addled clown.

There is no higher level of foolishness than paying some asshole to build your future concentration camp.

He told advertisers to go fuck themselves and now they are back advertising?

Is the entire world undergoing some massive case of Stockhausen syndrome?

I'm right there with you max...righteous rant!

[Windy Apple]

18. Melon wants to

…protect his golden goose. The other energy ‘credits’ are his profit center.

[orwell]

19. The kickback is key to...

...profitable sales for TSLA.

This asshole has always been grifting the "gubmint". Tesla, Space X, Starlink, all reliant on government largesse.

That's why his trashing of government "waste" is so laughable.

He is one of the main waste collectors.

Good on 'ya Gavin. That's my governor!

[wolfie001]

20. I'd buy an explosive Chinese EV before a Tesla

Just sayin'

[jvill]

25. ANYONE giving money to Tesla or Musk for ANYTHING should be ASHAMED OF THEMSELVES!

There are plenty of alternatives for everything they offer.

[cstanleytech]

27. He wants the credits gone because he wants to hurt his companies competition.

[SupportSanity]

28. Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory

https://www.democraticunderground.com/10143347135

[quakerboy]

29. why's he worried?

Hes still got many billions in bloated federal contracts that, far as I can tell, make up the majority of his wealth

[bluestarone]

30. If something pisses musk or any rethuglicon off, THAT

Makes me very happy.

[JohnSJ]

31. Enjoy Texas jackass. California bought more Tesla's than every other state, I suspect

that won’t be the case soon enough.

[Jacson6]

32. Who gives a flying F**** what this billionaire says or wants? n/t

[FoxNewsSucks]

49. We shouldn't, but apparently he's the co-president.

Or worse.

[turbinetree]

34. Reminds me of this all time classic..............

Elon Throws TANTRUM As Newsom NUKES His Plan!

[NEOBuckeye]

35. If Musk is pissed, it must be a good thing.

Stick it to that criminal immigrant, Gov. Newsom!

[union rep]

36. The Nazi

The Nazi wants what? In your dreams pal Us in California are going to screw you every way we can if it means screwing you, Teslas suck anyway all you suckers who bought one you feeling the heat. You all must be plexing on the freeways wondering is that person antifa they mad at me? Sell them now they were all made with scab labor and the founder is a Nazi. Happy Thanksgiving All

[The Madcap]

37. What a crybaby!

He could lose 95% of his money and still live like a king. I just absolutely detest Eloon.

[erpowers]

39. Against Government Waste

Wait, I thought he was against government waste.

[Lithos]

41. He wants the credit to go away

He is losing market share day by day. Taking away the credit helps shore up his (temporary) monopoly a little longer as the EV tax credit helps newer companies build out their industrial base and supply chain.

[Autumn]

42. So tax credits are only for him? Fuck that ass.

[tonekat]

43. May it give him an aneurism. N/T

[kimbutgar]

44. Didn't the muskrat move Tesla operations out of California to Texas?

Let Texas give him tax cuts.

[Ladythatvotesblue]

45. Tax credits

are only for the rich and friends of the orange menace.

[bucolic_frolic]

46. Using government to increase competition is a great idea

This is a rather innovative policy if they manage to enact it.

[wryter2000]

47. Musk vs Newsom

The “genius” has met his match.

If Newsom can convince Californians to not buy Teslas, Musk loses lots of money.

[SWBTATTReg]

48. You should have though about supporting your California drivers instead of the loser (and you're one of the

biggest losers now by the way, lost almost $200 billion). I have to stop here and laugh for a few minutes. How does someone lose that much money? How? Oh, know! Act like Muskrat for a spell and be dumb and stupid...that's how you lose $200 billion!

Ha ha heh, this is truly funny, you losing all of that money. Obviously, the markets know what they are doing, eh?