Elon Musk erupts over California plan that could cut Tesla from EV tax credit
Source: The Independent
Elon Musk blew up in a post on X after California Gov. Gavin Newsom floated the possibility of providing tax credits for buyers of electric vehicles that might not include Tesla.
This is insane! complained Musk, who has been chosen by President-elect Donald Trump to head a new federal efficiency department to cut waste from the government.
Newsoms office announced Monday that it plans to relaunch Californias subsidy of up to $7,500 in tax credits for buyers of electric vehicles if Trump cuts the same EV federal tax credit, as hes expected to do.
Californias potential plan would likely not include Musks cars because the program would be aimed at helping carmakers with smaller market shares, both Bloomberg and The New York Times reported. Tesla accounted for 56 percent of new EV sales in California during this years third quarter.
Read more: https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-tesla-california-electric-vehicle-tax-b2654044.html
So let me get this straight..... Musk wants to eliminate federal tax credits for electric vehicles, yet is pitching a hissy fit when Tesla won't qualify for California's tax credits.
ck4829
(36,125 posts)PortTack
(34,832 posts)How bout that new fleet of ford police vehicles going to another car maker. Ford gave big time to the gqp
No more Applebees, kfc or Pizza Hut at the state level employee buffet.
State employees required to use Lyft instead of Uber for business travel, same with airlines
no more delta.
We can hurt them where they will understand!
onecaliberal
(36,342 posts)Phoenix61
(17,725 posts)JPK
(693 posts)And I'm in the "Free State of Florida".
Bluetus
(301 posts)and there can be some legal issues if states take actions against companies for behavior that doesn't actually occur within the state. Having said that, I am very much in favor of the blue states joining to apply maximum pressure against these billionaires and rogue corporations that are directly attack our democratic system of government by interfering in elections. Here is what I think COULD hold up to a federal challenge:
The solid blue states (CA, IL, OR, WA, NY, NJ, MA, MD, VA, etc.) form a consortium to guide public investment. The purpose would be to establish a set of corporate standards companies must meet NATIONALLY in order to qualify for any state government contracts, grants, partnerships, tax abatement or any other assistance. There could be multiple factors that would go into the rating of each entity, but some of the factors could be:
* Support for unions and fair pay/workplace practices
* Commitment to decarbonization
* Commitment to living wage
* Requirement to fully utilize existing work forces, especially within the consortium states, before seeking any foreign worker visas
* Limits on executive total compensation (including fringe benefits, options, and other compensation) to no more than 150X the average worker salary throughout the entity. (Note that Musk is about 100,000x the average Tesla worker.)
* No corporate funds spent on election funding, and some objective limit on the amount of lobbying
* and so on
Rules like this would immediately eliminate the worst offenders, yet be completely objective, not singling out any particular company.
NJCher
(38,243 posts)resident of NJ here. Did you come up with this on your own or is this an idea that's floating around out there and I just happened to miss it.
NJ pays out $10 billion to the rest of the states (except other states, like NY). Any ideas on how we can keep more of our money instead of giving it to anti-Democratic red states?
Bluetus
(301 posts)NJCher
(38,243 posts)The time is right.
SunSeeker
(54,064 posts)The old federal EV tax credit only applied to manufacturers who had not yet met a certain quota of EVs sold. Tesla had long ago blown past that EV quota.
Interesting how Eloon didn't complain about that EV tax credit critera the whole 4 years Trump was pResident.
Teslas are now eligible again for that federal tax credit thanks to the green energy components in Bidens Inflation Reduction Act that Trump wants to get rid of.
Quanto Magnus
(1,035 posts)I bought in 2020 and missed the cutoff by 2 months. Seemed so arbitrary ending in March of 2020...
Still happy I bought my Bolt
Co-Prez-bro doesn't really care about whether people actually get the credits. He'll take his subsidies though!!
JPK
(693 posts)I've had it a little over a year and I love it. I have spent approximately $150.00 in gas over the last 14 months. It replaced a 4.7L Grand Cherokee that was getting around15 mpg. I spent well over the Volts gas price each month.
Native
(6,676 posts)Bernardo de La Paz
(51,277 posts)Ego thought he was tweaking California's nose good and hard but instead he is going to get his butt kicked by tRump when the latter gets tired of his whining and hanging around and upstaging. Starting with the elimination of federal tax credits.
NJCher
(38,243 posts)supposed to be smart, he thinks things through like the average republican.
Bernardo de La Paz
(51,277 posts)LittleGirl
(8,499 posts)Best thing Ive seen all week/month!
xocetaceans
(3,988 posts)LittleGirl
(8,499 posts)Were getting solar in 2025. We will probably buy an EV in 2026 but neither will have Teslas name. I will not give one penny to that guy. I live in CA.
orangecrush
(22,131 posts)usonian
(14,637 posts)100% of tax revenue subsidizes Musk Industries.
City Lights
(25,435 posts)Suck it up, pretty boy!
YoshidaYui
(42,898 posts)nothing better than Elon Musk bent over in pain.
maxrandb
(16,005 posts)JFC! Anyone who buys, uses, quotes, mentions, or glances at that South African Nazi, or the products his businesses create is buying a FUCKING Volkswagen from 1930s Germany!!!
THE MONEY, TWEETS, MENTIONS AND GLANCES ARE FUCKING FUNDING FASCISM!!!!!
Why is this so FUCKING hard to understand?
When I look at a Tesla, I see a German Tank, with the guts of murdered innocents greasing the treads. You should too.
Does America have to be completely destroyed before you remove EVERYTHING Musk touches from your lives?
Seriously, what is it going to take?
Concentration Camps?
Miscarrying women bleeding out?
Armed Nazis in the Streets of our cities?
The National Guard in your neighborhood?
What the fuck will it take for Democrats to STOP GIVING THIS PIECE OF SHIT YOUR MONEY AND YOUR TIME?
orwell
(8,002 posts)...10,000 times.
I have been pleading with people for years to stop funding this ketamine addled clown.
There is no higher level of foolishness than paying some asshole to build your future concentration camp.
He told advertisers to go fuck themselves and now they are back advertising?
Is the entire world undergoing some massive case of Stockhausen syndrome?
I'm right there with you max...righteous rant!
Windy Apple
(55 posts)protect his golden goose. The other energy credits are his profit center.
orwell
(8,002 posts)...profitable sales for TSLA.
This asshole has always been grifting the "gubmint". Tesla, Space X, Starlink, all reliant on government largesse.
That's why his trashing of government "waste" is so laughable.
He is one of the main waste collectors.
Good on 'ya Gavin. That's my governor!
wolfie001
(3,848 posts)Just sayin'
jvill
(403 posts)There are plenty of alternatives for everything they offer.
cstanleytech
(27,179 posts)SupportSanity
(1,168 posts)quakerboy
(14,206 posts)Hes still got many billions in bloated federal contracts that, far as I can tell, make up the majority of his wealth
bluestarone
(18,405 posts)Makes me very happy.
JohnSJ
(96,813 posts)that wont be the case soon enough.
Jacson6
(846 posts)FoxNewsSucks
(10,841 posts)Or worse.
turbinetree
(25,436 posts)Elon Throws TANTRUM As Newsom NUKES His Plan!
NEOBuckeye
(2,835 posts)Stick it to that criminal immigrant, Gov. Newsom!
union rep
(20 posts)The Nazi wants what? In your dreams pal Us in California are going to screw you every way we can if it means screwing you, Teslas suck anyway all you suckers who bought one you feeling the heat. You all must be plexing on the freeways wondering is that person antifa they mad at me? Sell them now they were all made with scab labor and the founder is a Nazi. Happy Thanksgiving All
The Madcap
(597 posts)He could lose 95% of his money and still live like a king. I just absolutely detest Eloon.
erpowers
(9,367 posts)Wait, I thought he was against government waste.
Lithos
(26,466 posts)He is losing market share day by day. Taking away the credit helps shore up his (temporary) monopoly a little longer as the EV tax credit helps newer companies build out their industrial base and supply chain.
Autumn
(46,668 posts)tonekat
(2,053 posts)kimbutgar
(23,613 posts)Let Texas give him tax cuts.
Ladythatvotesblue
(223 posts)are only for the rich and friends of the orange menace.
bucolic_frolic
(47,615 posts)This is a rather innovative policy if they manage to enact it.
wryter2000
(47,602 posts)The genius has met his match.
If Newsom can convince Californians to not buy Teslas, Musk loses lots of money.
SWBTATTReg
(24,337 posts)biggest losers now by the way, lost almost $200 billion). I have to stop here and laugh for a few minutes. How does someone lose that much money? How? Oh, know! Act like Muskrat for a spell and be dumb and stupid...that's how you lose $200 billion!
Ha ha heh, this is truly funny, you losing all of that money. Obviously, the markets know what they are doing, eh?