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Elon MuskPolitico
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77% Informative
Tesla CEO joins pharmaceutical entrepreneur Vivek Ramaswamy in running a new Department of Government Efficiency .
Musk could influence decisions that give Tesla a leg up on its competitors.
The mandate of the efficiency commission is to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies ”.
Tesla could be in disagreement with the Trump administration if it tries to revoke California ’s waiver from the EPA to create its own emissions rules.
The California Air Resources Board incentivizes automakers to make EVs by issuing a limited number of zero -emissions vehicle credits.
Last quarter alone, those credits earned Tesla $739 million .
The end of that tax credit would likely cause EV sales to crater.
VR Score
78
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54
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English
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