[ad_1]
When someone asked Musk on Twitter why Biden hadn’t acknowledged the accomplishment, the CEO of SpaceX and Tesla offered a few choice words.
“He’s still sleeping,” Musk replied in the
Sunday afternoon tweet, echoing the insult of former President Donald Trump, who referred to Biden by the nickname “Sleepy Joe”.
Later, someone else tweeted with an image from the movie “Alien”, calling the alien grabbing an astronaut’s face as “UAW” and the victim as “Biden”.
Musk responded with a tweet who said, “That’s how it is.” Musk has fought with the United Auto Workers union, which so far has failed to organize workers at Tesla factories.
“Low Earth orbit is now more accessible for more people to experience the wonders of space,” he said.
tweeted last week after take off. “We look forward to the future – one where NASA is one of the many customers in the commercial space market. Onward and upward.”
Biden has been good to Musk
In many ways, the Biden administration has been very good for Musk’s businesses. SpaceX has contracts with NASA to deliver both supplies and US astronauts to the International Space Station. Many predate Biden taking office, but the company has secured additional contracts with NASA this year. the rocket company run by Amazon founder Jeff Bezos, who also applied for the contract.
You’re here (TSLA) benefited greatly from the regulatory tax credits it sold to other automakers that did not comply with the stricter emission rules. Tesla, which only sells electric vehicles, has an oversupply of credits that can be sold. These credits could become more valuable if the Biden administration toughened emissions rules as it has proposed to do.
Until the most recent quarter, Tesla would never have made a profit without the benefits of selling these credits, and in the days when it was still losing money, the credits also helped fund its early operations. .
Tesla has also benefited in the past from a tax credit of $ 7,500 for buyers of electric vehicles, which allowed it to charge more for cars.
Buyers of electric vehicles manufactured by Tesla and General Motors are no longer eligible for this tax credit due to the number of plug-in cars they have delivered in the past.
Biden has supported the reinstatement of a $ 7,500 tax credit for buyers of electric vehicles regardless of who built them, which would be a boon for Tesla, although these are limits on the price of the car and the buyer’s income for it to be claimed. , so that wouldn’t necessarily apply to all Tesla sales.
Language in the version of the legislation that the House Ways and Means committee passed last week to give an additional tax credit of $ 4,500 for electric vehicles made with unions and an additional $ 500 for those whose batteries are made with unions. United States. Although Tesla manufactures its batteries here, it is a non-union company.
Apparently, due to his non-union status, Tesla was not invited to a White House event with Biden in which he announced his intention to toughen emission rules and called for ambitious targets for switch from gasoline-powered cars to electric vehicles. DG (DG), Ford (F) and Stellantis, who have unionized workers, all appeared, as did representatives of the United Auto Workers union.
Biden, who is perhaps considered the most union-friendly president in history, has worked to keep the UAW in favor of promoting electric vehicles, despite concerns within the union that the move to electric vehicles could cost some jobs as they may require as many as up to a third of man hours less for assembly due to the reduced number of moving parts.
[ad_2]
Source link
