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

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Source: The Times of India
Musk Pushes Back on Government-Backed Wealth Claims, Citing Incentives Under 2% of Tesla/SpaceX Value
Photo: The Times of India
TL;DR

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.

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