politics @lemmy.worldEnglish · 2 days ago

Tesla wants to kill EV incentives in US because of Musk, but it is lobbying for them elsewhere

electrek.co

Tesla wants to kill EV incentives in US because of Musk, but it is lobbying for them elsewhere

electrek.co

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politics @lemmy.worldEnglish · 2 days ago

Tesla might want to kill EV incentives in the US because of Elon Musk’s politics, but the automaker is still...

Summary

Tesla lobbies for stricter EV incentives in the UK, including higher taxes on fossil fuel vehicles, while opposing EV subsidies in the U.S. due to Elon Musk’s political support for Donald Trump.

Tesla previously supported federal EV incentives, but Musk’s political stance has since shifted, prioritizing his anti-“woke” agenda.

Critics argue this approach undermines Tesla’s mission to advance sustainable transportation.

The contrast between Tesla’s lobbying strategies in the U.S. and UK highlights a tension between the company’s goals and Musk’s personal politics.

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2 days ago
And yet their stock price doubles because of a US election outcome that’s going to kill financial incentives and make 80% of US buyers despise their CEO.

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