Well, he's expecting some reciprocity from the next administration for all his help, and Trump has said openly that he will support EVs as a consequence of Elon's strong support.
Well, he's expecting some reciprocity from the next administration for all his help, and Trump has said openly that he will support EVs as a consequence of Elon's strong support.
The idea that it has anything to do with Tesla, as opposed to anything else, is a bit weird.
If one or two Republicans like the idea of EV subsidies without union labor, their votes could have shifted everything. But of course, there was universal condemnation of these polices by all Republicans.
At the time of Biden's electic car summit in 2021 to which Tesla was not invited, Telsa had 75% of the EV market in the US.
The idea that US's EV policy didn't have anything to do with its largest EV company is perhaps surprising.
https://www.caranddriver.com/news/a61935592/ford-cancels-thr...
At this point, it feels more like a ban on affordable mainstream EVs than an anti-price-dumping measure.
His word is worth nothing.
Source?
Recent news says otherwise.
https://www.reuters.com/world/us/trump-says-he-would-conside...
https://www.thestreet.com/electric-vehicles/elon-musks-endor...
What Trump is really saying is that he's for sale.
Trump also told the oil industry he's for sale. He said they should give him $1 billion and that would be a "deal" because he would help them avoid taxation and regulation:
https://www.washingtonpost.com/politics/2024/05/09/trump-oil...
Everything is transactional with Trump. He's only interested if it benefits him personally. He only cares about himself.
https://www.newsweek.com/joe-biden-rewards-donors-admin-posi...
https://www.barrons.com/articles/trump-harris-election-campa...
I feel that what Trump says out loud publicly others say behind the cameras away from mics with a wink and a nudge.
https://www.cnbc.com/2024/07/26/two-billionaire-harris-donor...
What strong support? I recall that Elon publicly announced he was going to do a massive contribution to Trump's campaign fund, and then he announced like two days later that he wasn't going to do it.
On the flip side, support for the EV tax credit will probably be phased out if Trump wins according to recent articles I've read.
So then it seems it's not necessarily business logic but more about personal ego, etc.
I don't think he has publicly announced anything like that. Actually, he denied it.
https://www.theguardian.com/technology/article/2024/jul/24/e...
https://www.wsj.com/politics/elections/elon-musk-has-said-he...
… and you might want to check with the source before saying he didn’t announce anything:
I guess you just ran your own misinformation.