Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
The government helped Tesla conquer electric cars. Now it's helping Detroit; Elon Musk isn't hapoy.
Technology
The government helped Tesla conquer electric cars. Now it’s helping Detroit, and Elon Musk isn’t happy.
By Faiz Siddiqui
Today at 6:00 a.m. EDT
SAN FRANCISCO — President Biden held a splashy event on the White House’s South Lawn last month to announce an ambitious goal: to make half of new passenger vehicle sales electric, plug-in hybrid or fuel-cell electric vehicles by 2030.
But a key player in the industry was nowhere to be seen. Elon Musk and the country’s leading electric-car manufacturer, Tesla, had been left out of the festivities.
For Tesla, it may have signaled the end of a long honeymoon period with the government, when the company was bolstered by federal tax incentives that drove growth and sales, emissions compliance credits that ushered in profitability and relatively hands-off oversight that allowed it to put new technology in the hands of customers without much fear of regulators stepping in.
The latest blow came this month. House Democrats unveiled a proposal to allow an extra $4,500 in consumer incentives to buy a new electric vehicle — provided it was union-made in the United States. Tesla is the only major American automaker whose production is not unionized.
The House Ways and Means Committee is expected to take up the portion of the bill concerning electric-vehicle and green energy proposals Wednesday.
{snip}
By Faiz Siddiqui
Faiz Siddiqui is a reporter with The Washington Post's technology team. His coverage includes Silicon Valley's ride-hailing giants, nascent mobility startups and companies deploying electric and self-driving vehicles. Twitter https://twitter.com/faizsays
The government helped Tesla conquer electric cars. Now it’s helping Detroit, and Elon Musk isn’t happy.
By Faiz Siddiqui
Today at 6:00 a.m. EDT
SAN FRANCISCO — President Biden held a splashy event on the White House’s South Lawn last month to announce an ambitious goal: to make half of new passenger vehicle sales electric, plug-in hybrid or fuel-cell electric vehicles by 2030.
But a key player in the industry was nowhere to be seen. Elon Musk and the country’s leading electric-car manufacturer, Tesla, had been left out of the festivities.
For Tesla, it may have signaled the end of a long honeymoon period with the government, when the company was bolstered by federal tax incentives that drove growth and sales, emissions compliance credits that ushered in profitability and relatively hands-off oversight that allowed it to put new technology in the hands of customers without much fear of regulators stepping in.
The latest blow came this month. House Democrats unveiled a proposal to allow an extra $4,500 in consumer incentives to buy a new electric vehicle — provided it was union-made in the United States. Tesla is the only major American automaker whose production is not unionized.
The House Ways and Means Committee is expected to take up the portion of the bill concerning electric-vehicle and green energy proposals Wednesday.
{snip}
By Faiz Siddiqui
Faiz Siddiqui is a reporter with The Washington Post's technology team. His coverage includes Silicon Valley's ride-hailing giants, nascent mobility startups and companies deploying electric and self-driving vehicles. Twitter https://twitter.com/faizsays
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
