Article 5STKN Elon Musk slams Biden’s Build Back Better bill and its electric car incentives

Elon Musk slams Biden’s Build Back Better bill and its electric car incentives

by
Oliver Milman in New York
from Technology | The Guardian on (#5STKN)

Critics suggest the multibillionaire is annoyed that Tesla's nonunion-made cars wouldn't qualify for the subsidy

Elon Musk criticized new incentives and infrastructure for electric vehicles in a huge spending bill backed by Joe Biden, saying he would delete" the measures and even ditch the entire legislation if he had the power.

Musk, the multibillionaire founder of the electric car company Tesla, said that if he were in charge of the federal government I would just can this whole bill. That's my recommendation." The entrepreneur, speaking at a Wall Street Journal summit on Monday, added: It might be better if the bill doesn't pass because we've spent so much money, you know, it's like the federal budget deficit is insane."

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