Elon Musk erupts over California plan that could cut Tesla from EV tax credit [View all]
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
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.
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