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Buttigieg rebuts Elon Musk on EV subsidies

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Whereas Biden’s Construct Again Higher proposal would reinstate a $7,500 credit score for Tesla and get rid of any restrict on the variety of EVs which might be eligible per producer, it additionally would give customers one other $4,500 if the automotive is assembled by union employees within the U.S. That may protect a leg up for different automakers, since Musk has opposed the UAW’s effort to prepare Tesla’s automotive plant in Fremont, Calif.

Musk stated the invoice’s EV tax credit, and the $7.5 billion included within the lately authorised bipartisan infrastructure legislation, are “pointless.”

“Do we want assist for fuel stations? We don’t,” Musk stated. “There’s no assist for a charging community. I might simply delete it. Delete. I’m actually saying eliminate all subsidies. Additionally for oil and fuel.”

Buttigieg countered Tuesday that the Biden administration is dedicated ensuring the transition to electrical automobiles will occur shortly sufficient to fulfill the president’s local weather targets, will likely be finished in a manner that’s equitable and advantages U.S. employees.

“In fact we imagine in the advantages of union jobs,” he stated. “These are issues that don’t occur on their very own.”

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