The image is from the picture alliance.
At the Wall Street Journal's CEO summit on Monday, Musk said that he doesn't think the United States needs the Biden administration's infrastructure bill or any government subsidies. He said to just remove them all.
The CEO of the two companies said during the interview that he is concerned about the federal deficit. The federal budget deficit is insane, he said.
Can the whole bill be? Don't pass it, that's my recommendation, said Musk.
Musk said that his company has been selling electric cars in the US without taking a demand hit for more than a year. General GM is still eligible for the credit.
The Senate needs to approve the extension of the credit and the subsidy for electric vehicles made by union workers, but it is currently included in Biden's infrastructure plan. Musk derided the union-focused credit in recent months and called Biden a "puppet" of the United Auto Workers.
The infrastructure bill that Biden signed into law included a provision that Musk doesn't believe the US government should give out subsidies to expand charging infrastructure.
Do we need to support gas stations? We don't. Musk said there was no need for this.
Currently, there are more than 3000 charging stations operated byTesla, but the company plans to open that network to other electric vehicles in the near future.
The government is a major customer of Musk's companies, and they have received many different federal and state subsidies over the years. The central government in China helped the company find success there. When the company was in its early years, Musk did not anticipate any subsidies.
