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 that he would leave the Trump administration as de facto head of the Department of Government Efficiency (DOGE) as the end of his tenure is approaching, the Tesla CEO reposted a note by the company on X urging the Senate to reconsider repeals of clean energy tax credits enacted by the 2022 Inflation Reduction Act during President Joe Biden’s term.

Original News Source Link – Epoch Times

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