Musk, Tesla Object to GOP Megabill’s Repeal of Clean Energy Tax Credits

The company calls the move a threat to America’s energy independence. Musk notes that the bill has ‘no change to tax incentives for oil & gas.’ WASHINGTON—Elon Musk and Tesla have criticized the House-passed reconciliation bill over its inclusion of plans to end tax credits for clean energy production. On May 28, hours after announcing

Senators Say Nvidia’s Shanghai Expansion Is a Serious National Security Risk

Reports claimed Nvidia was looking to develop talent in Shanghai facility and meet local demands in a way that satisfied U.S. export controls. Sens. Jim Banks (R-Ind.) and Elizabeth Warren (D-Mass.) are seeking answers from Nvidia about the AI chip company’s planned facility expansion in China. In a May 28 letter, the senators demanded plans