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Former Tesla Exec Says Biden Administration's Treatment Of EV Giant Was 'Pretty Fair' Despite Musk's Allegations That It Would Rather The Company 'Be Dead Than Not Unionized'

Benzinga LogoBenzinga10h ago

Former Tesla Exec Says Biden Administration's Treatment Of EV Giant Was 'Pretty Fair' Despite Musk's Allegations That It Would Rather The Company 'Be Dead Than Not Unionized' - Benzinga

Quick Summary:

The administration enacted a new stationary storage incentive that helped Megapack deployments in the U.S.while also passing strong manufacturing incentives for battery cells and materials, Patel added.“No doubt Biden is very biased towards unions and appoints pro-Union people to the nlrb making it easier to organize.

The Biden administration treated EV giant Tesla Inc.(NASDAQ:TSLA) fairly on certain issues despite “surface-level disappointment” between the President and company CEO Elon Musk, according to former company executive Rohan Patel.

What Happened: The Biden administration included Tesla in the $7500 consumer incentive it was left out of for the entire Trump administration and also allowed the continued deployment of the company’s driver assistance systems despite bipartisan criticism, Patel said.


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Former Tesla Exec Says Biden Administration's Treatment Of EV Giant Was 'Pretty Fair' Despite Musk's Allegations That It Would Rather The Company 'Be Dead Than Not Unionized' - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 09:53:24 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 495 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 21853548

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 19 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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News Language: English

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Publisher ID: #53

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