Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. Considering that Tesla exists to help accelerate the world’s transition away from fossil fuels, one could…
Just days after being dubbed as TIME Magazine’s 2021 Person of the Year, Tesla and SpaceX CEO received yet another Person of the Year Award, this time from the Financial Times. During his interview with the publication, Musk shared some of his thoughts about his companies’ missions, the progress of Tesla’s competitors, and the safety of the…
Seven months after polling his tens of millions of Twitter followers if Tesla should accept Dogecoin as a form of payment, CEO Elon Musk has noted that the company would try out dog-themed currency as a payment option for some of the items in the EV maker’s shop. Similar to his previous tweets about the…
Tesla CEO Elon Musk has slammed California’s plan for homeowners who use solar panels in their homes. The proposal calls for a discounted rate for excess power sold into the grid, as well as a monthly utility charge of $8 per kW to cover the cost of maintaining the state’s power infrastructure. Musk noted that…
Elon Musk has been dubbed by TIME Magazine as its 2021 Person of the Year. The award, which the magazine gives to an individual or group who most shaped the previous 12 months, for better or worse, has been ongoing for nearly a century. Musk, however, tends to lean on the former, as his influence, from…
The Biden administration’s proposed $4,500 EV tax credit buff for electric and electrified vehicles made in a union plant in the United States is meeting a big challenge. The union-friendly proposal is poised to undergo a review from the office of Elizabeth MacDonough, the Senate parliamentarian, who would then determine if the incentive qualifies under…
Elon Musk appeared for a short but productive interview at the Wall Street Journal’s (WSJ) CEO Council Summit on Tuesday, December 7. Musk provided updates on each of his companies’ most interesting projects, including Tesla’s Cybertruck, SpaceX’s Starship, and Neuralink’s brain implant. The CEO of many forward-thinking companies seemed very optimistic about Neuralink in particular and its…
Tesla CEO Elon Musk had an idea during an interview last evening with the Wall Street Journal: Get rid of government incentives for everyone, including electric vehicles, gas, and oil subsidies. The idea, while it would eliminate potentially $12,500 from an EV’s price tag (if it’s built in a Union facility in the United States with a U.S.-produced battery,…
Elon Musk’s recent appearance at the Wall Street Journal’s CEO Council Summit included several notable insights from the Tesla and SpaceX executive. Musk covered numerous topics during his interview, from the Cybertruck’s updates to the purpose of the Tesla Bot. Musk also shared some of his more direct thoughts about the US government’s upcoming EV incentives, which…
Elon Musk spoke in an interview with the Wall Street Journal at the publication’s CEO Council Summit recently. At the summit, Musk covered many topics related to the companies he heads, including Tesla, SpaceX, and Neuralink. He also shared his opinions about the US government’s latest EV subsidy policy and spending habits. TESLA AND EV SUBSIDIES US…