The businessman was unconcerned by the measure announced by the Republican candidate, which was apparently detrimental to his company, and considered that “it would be devastating for competitors.”
He Tesla CEO Elon Muskincreasingly involved in politics in view of the elections of November 5, referred to one of the possible measures of Donald Trumpa priori detrimental to his sector, but he defended it anyway. According to him, the removal of support for the electric vehicles “in the long run will probably help Tesla.”
In this regard, he explained that the measure anticipated by the Republican candidate “It would be devastating for competitors, and it would hurt Tesla slightly, but in the long run it would probably help Tesla.”said Musk after the presentation of results, where the company reported its lowest profit margin in more than five years.
Former President Trump, supported by Musk, was highly critical of the administration’s policies Biden in this matter and pointed out that “he will end the mandate of electric vehicles” if he wins the elections. Despite these statements, the South African tycoon did not seem worried and stressed that The future of your company lies in artificial intelligence focused on self-driving technology.
“Tesla’s value is tremendously autonomy. These other things are in the noise in relation to autonomy,” he said. Musk.
Elon Musk reaffirms his support for Donald Trump
The owner of X announced his support for Trump shortly after an attack on the Republican candidate. However, he strongly denied a media report that he pledged to donate $45 million a month to Trump, but admitted that he had created a political action committee.
Musk’s support for Trump created Some confusion among Tesla followerswho wondered how his election would help the electric vehicle company.
In addition, Trump’s vice presidential pick, JD Vance, introduced a bill last year to Eliminate subsidies for electric vehicles and replace them with a credit to promote gas vehiclesalthough it has virtually no chance of being approved in Congress.
In this regard, the businessman said in a post on X last week: “Remove the subsidies. It will only help Tesla. Also, eliminate subsidies from all industries!
Source: Ambito
