Musk Pushes Back on Government-Backed Wealth Claims, Citing Incentives Under 2% of Tesla/SpaceX Value

Elon Musk refuted a US senator’s claim that government support largely fueled his companies, stating that total incentives for Tesla and SpaceX amount to less than 2% of their value and noting that Tesla sales rose after Trump ended the $7,500 EV tax credit, which he says benefited market share.