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> A guy who makes EVs spending $200 million to help elect the party that doesn’t believe in global warming can be called many things, but a “bribe” isn’t one of
by tzs 1y ago
> A guy who makes EVs spending $200 million to help elect the party that doesn’t believe in global warming can be called many things, but a “bribe” isn’t one of them, lol. He was acting directly contrary to his self interest.
From what I've read Musk believed that the loss of the EV tax credit would hurt the EV programs at other companies such as GM and Ford much more than it would Tesla, with a decent chance it could push the timeline for those programs becoming profitable far out enough that those companies might have to greatly cut back whereas Tesla could still profit without the credit.
If he did indeed believe that then supporting Republicans may have appeared at the time to be in his self-interest. That doesn't mean it was a good idea, of course, because who said that party would stop at just that tax credit? They also killed the emissions credits that ICE car companies were buying from Tesla which were responsible for something like 40% of Tesla's net income.