Elon Musk Said to Back Trump’s Plan to Kill Biden’s EV Tax Credit

Quick Summary:

Musk said previously that killing the subsidy may slightly hurt Tesla sales, but would devastate its US EV rivals.

However a major auto trade group wants the credits retained

The post Elon Musk Said to Back Trump’s Plan to Kill Biden’s EV Tax Credit appeared first on Asia Financial.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaTaiwanThailand

Topics: Energy Insights Global Fintech Leaders Index World China-US Economic Ties Southeast Asia Market Insights Carbon Transport ESG Energy Fintech Regions New Energy Electric Vehicles North Asia Asia

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 10:32:11 (4 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 634 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23693299

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