Biden's plan includes big subsidies for purchasers and manufacturers of electric cars. Musk blasted the legislation despite its subsidies for electric vehicles.
In another shocker: extremely rich people don't like paying taxes because if they weren't wealth hoarders they wouldn't be extremely rich people despite having contributed, in most cases and certainly in Musk's, nothing to society.
OK but who is he
The credit for EVs wouldn’t apply to Tesla since they are not unionized, hence Wallstreet could see that as a blow to growth and impact stock.
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