4 ms·

> Tesla has massively benefited from subsidies to EVs, but is alienating the political party that has enabled all of that. Well, he's expecting some reciprocit

> Tesla has massively benefited from subsidies to EVs, but is alienating the political party that has enabled all of that. Well, he's expecting some reciprocity from the next administration for all his help, and Trump has said openly that he will support EVs as a consequence of Elon's strong support.

mensetmanusman 2y ago
The political party that ignored Tesla’s accomplishments because of union politics?
- deleted 2y ago
  [deleted]
- epistasis 2y ago
  The further subsidies were not "ignoring achievement" they were subsidies that were shifting to include union labor. The idea that it has anything to do with Tesla, as opposed to anything else, is a bit weird. If one or two Republicans like the idea of EV subsidies without union labor, their votes could have shifted everything. But of course, there was universal condemnation of these polices by all Republicans.
  - tim333 2y ago
    >The idea that it has anything to do with Tesla, as opposed to anything else, is a bit weird. At the time of Biden's electic car summit in 2021 to which Tesla was not invited, Telsa had 75% of the EV market in the US. The idea that US's EV policy didn't have anything to do with its largest EV company is perhaps surprising.
jcranmer 2y ago
> a consequence of Elon's strong support. What strong support? I recall that Elon publicly announced he was going to do a massive contribution to Trump's campaign fund, and then he announced like two days later that he wasn't going to do it.
- netsharc 2y ago
  [flagged]
  - jfengel 2y ago
    He's extremely constrained in what he can donate directly to the campaign. Direct donations are limited to something like $4000. These donations are closely monitored. If you want to spend millions you have to give it to a super PAC. The difference is that the super PAC cannot coordinate directly with the campaign. That part is not super closely monitored, and the fig leaf of separation is nanometers thick.
- fastball 2y ago
  Musk never announced that.
- yreg 2y ago
  > Elon publicly announced he was going to do a massive contribution to Trump's campaign fund I don't think he has publicly announced anything like that. Actually, he denied it. https://www.theguardian.com/technology/article/2024/jul/24/elon-musk-donald-trump-donations-denial-super-pac-america https://www.theguardian.com/technology/article/2024/jul/24/e...
  - dylan604 2y ago
    With the two parties involved in the will he/won't he, I wouldn't doubt either version of the story. It's beautiful
- somethoughts 2y ago
  The fun part is, as far as I understand it, the EV tax credit as part of the Inflation Reduction Act, did eventually include Teslas - even though Elon wasn't invited to the initial photo-op announcement party thrown by the White House due to the lack of unionization at Tesla factories. On the flip side, support for the EV tax credit will probably be phased out if Trump wins according to recent articles I've read. So then it seems it's not necessarily business logic but more about personal ego, etc.
nikcub 2y ago
Doubt either next administration will do better for Tesla than Biden's up to $7500 EV tax credit and 100% import duty on Chinese EVs
- hedora 2y ago
  Biden really should have made the import duty contingent on the US manufacturers not abandoning / slow-walking their EV lineups: https://www.caranddriver.com/news/a61935592/ford-cancels-three-row-electric-suv/ https://www.caranddriver.com/news/a61935592/ford-cancels-thr... At this point, it feels more like a ban on affordable mainstream EVs than an anti-price-dumping measure.
deleted 2y ago
[deleted]
cscurmudgeon 2y ago
> Trump has said openly that he will support EVs Source? Recent news says otherwise. https://www.reuters.com/world/us/trump-says-he-would-consider-ending-7500-electric-vehicle-credit-2024-08-19/ https://www.reuters.com/world/us/trump-says-he-would-conside...
- peutetre 2y ago
  Trump says he's for electric cars because "I have to be, you know, because Elon endorsed me very strongly, Elon. So I have no choice": https://www.thestreet.com/electric-vehicles/elon-musks-endorsement-inspired-trumps-sudden-flip-flop-on-evs https://www.thestreet.com/electric-vehicles/elon-musks-endor... What Trump is really saying is that he's for sale. Trump also told the oil industry he's for sale. He said they should give him $1 billion and that would be a "deal" because he would help them avoid taxation and regulation: https://www.washingtonpost.com/politics/2024/05/09/trump-oil-industry-campaign-money/ https://www.washingtonpost.com/politics/2024/05/09/trump-oil... Everything is transactional with Trump. He's only interested if it benefits him personally. He only cares about himself.
  - cscurmudgeon 2y ago
    > Joe Biden Rewards Donors With Admin Positions in Broken Promise to Voters https://www.newsweek.com/joe-biden-rewards-donors-admin-positions-broken-promise-voters-1803442 https://www.newsweek.com/joe-biden-rewards-donors-admin-posi... https://www.barrons.com/articles/trump-harris-election-campaign-billionaires-megadonors-6cf28b0c https://www.barrons.com/articles/trump-harris-election-campa... I feel that what Trump says out loud publicly others say behind the cameras away from mics with a wink and a nudge. https://www.cnbc.com/2024/07/26/two-billionaire-harris-donors-hope-she-will-fire-ftc-chair-lina-khan.html https://www.cnbc.com/2024/07/26/two-billionaire-harris-donor...
    - cheikhcheikh 2y ago
      You asked for a source and were given one, then went on to talk about joe Biden for some reason, may I ask why?
moogly 2y ago
> Trump has said His word is worth nothing.

mensetmanusman 2y ago

The political party that ignored Tesla’s accomplishments because of union politics?

deleted 2y ago
[deleted]
epistasis 2y ago
The further subsidies were not "ignoring achievement" they were subsidies that were shifting to include union labor. The idea that it has anything to do with Tesla, as opposed to anything else, is a bit weird. If one or two Republicans like the idea of EV subsidies without union labor, their votes could have shifted everything. But of course, there was universal condemnation of these polices by all Republicans.
- tim333 2y ago
  >The idea that it has anything to do with Tesla, as opposed to anything else, is a bit weird. At the time of Biden's electic car summit in 2021 to which Tesla was not invited, Telsa had 75% of the EV market in the US. The idea that US's EV policy didn't have anything to do with its largest EV company is perhaps surprising.

jcranmer 2y ago

> a consequence of Elon's strong support. What strong support? I recall that Elon publicly announced he was going to do a massive contribution to Trump's campaign fund, and then he announced like two days later that he wasn't going to do it.

netsharc 2y ago
[flagged]
- jfengel 2y ago
  He's extremely constrained in what he can donate directly to the campaign. Direct donations are limited to something like $4000. These donations are closely monitored. If you want to spend millions you have to give it to a super PAC. The difference is that the super PAC cannot coordinate directly with the campaign. That part is not super closely monitored, and the fig leaf of separation is nanometers thick.
fastball 2y ago
Musk never announced that.
yreg 2y ago
> Elon publicly announced he was going to do a massive contribution to Trump's campaign fund I don't think he has publicly announced anything like that. Actually, he denied it. https://www.theguardian.com/technology/article/2024/jul/24/elon-musk-donald-trump-donations-denial-super-pac-america https://www.theguardian.com/technology/article/2024/jul/24/e...
- dylan604 2y ago
  With the two parties involved in the will he/won't he, I wouldn't doubt either version of the story. It's beautiful
somethoughts 2y ago
The fun part is, as far as I understand it, the EV tax credit as part of the Inflation Reduction Act, did eventually include Teslas - even though Elon wasn't invited to the initial photo-op announcement party thrown by the White House due to the lack of unionization at Tesla factories. On the flip side, support for the EV tax credit will probably be phased out if Trump wins according to recent articles I've read. So then it seems it's not necessarily business logic but more about personal ego, etc.

nikcub 2y ago

Doubt either next administration will do better for Tesla than Biden's up to $7500 EV tax credit and 100% import duty on Chinese EVs

hedora 2y ago
Biden really should have made the import duty contingent on the US manufacturers not abandoning / slow-walking their EV lineups: https://www.caranddriver.com/news/a61935592/ford-cancels-three-row-electric-suv/ https://www.caranddriver.com/news/a61935592/ford-cancels-thr... At this point, it feels more like a ban on affordable mainstream EVs than an anti-price-dumping measure.

deleted 2y ago

[deleted]

cscurmudgeon 2y ago

> Trump has said openly that he will support EVs Source? Recent news says otherwise. https://www.reuters.com/world/us/trump-says-he-would-consider-ending-7500-electric-vehicle-credit-2024-08-19/ https://www.reuters.com/world/us/trump-says-he-would-conside...

peutetre 2y ago
Trump says he's for electric cars because "I have to be, you know, because Elon endorsed me very strongly, Elon. So I have no choice": https://www.thestreet.com/electric-vehicles/elon-musks-endorsement-inspired-trumps-sudden-flip-flop-on-evs https://www.thestreet.com/electric-vehicles/elon-musks-endor... What Trump is really saying is that he's for sale. Trump also told the oil industry he's for sale. He said they should give him $1 billion and that would be a "deal" because he would help them avoid taxation and regulation: https://www.washingtonpost.com/politics/2024/05/09/trump-oil-industry-campaign-money/ https://www.washingtonpost.com/politics/2024/05/09/trump-oil... Everything is transactional with Trump. He's only interested if it benefits him personally. He only cares about himself.
- cscurmudgeon 2y ago
  > Joe Biden Rewards Donors With Admin Positions in Broken Promise to Voters https://www.newsweek.com/joe-biden-rewards-donors-admin-positions-broken-promise-voters-1803442 https://www.newsweek.com/joe-biden-rewards-donors-admin-posi... https://www.barrons.com/articles/trump-harris-election-campaign-billionaires-megadonors-6cf28b0c https://www.barrons.com/articles/trump-harris-election-campa... I feel that what Trump says out loud publicly others say behind the cameras away from mics with a wink and a nudge. https://www.cnbc.com/2024/07/26/two-billionaire-harris-donors-hope-she-will-fire-ftc-chair-lina-khan.html https://www.cnbc.com/2024/07/26/two-billionaire-harris-donor...
  - cheikhcheikh 2y ago
    You asked for a source and were given one, then went on to talk about joe Biden for some reason, may I ask why?

moogly 2y ago

> Trump has said His word is worth nothing.