Elon Musk wants EV Tax Credits back in the One Big Beautiful Bill

[Melensdad]

Musk made much of his fortune with TESLA automotive as the foundation, and the demand for his cars, good as they are, pretty much required a government subsidy to sell. That is no different today than when he started his company.

The question is, as I see it, do we allow congress to restore the EV tax credit as a "thank you" to Mr Musk for all the work he did exposing the government's fraud or not? There are plenty of pork programs that can be cut to offset the EV tax credit and a whole lot more. So are we indebted to Elon Musk and show our gratitude for all the great work he has done with DOGE? Or not?

https://www.politico.com/live-updates/2025/06/05/congress/johnson-musk-to-talk-amid-megabill-spat-00388952

FULL STORY AT LINK ^^^

Johnson, Musk to talk amid megabill spat​

It comes after the former DOGE chief has eviscerated the tax and spending package on social media.​

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MEREDITH LEE HILL​

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06/05/2025, 8:46AM ET

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Speaker Mike Johnson plans to talk with Elon Musk on Thursday morning as they clash over President Donald Trump’s “big, beautiful” bill.​

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Johnson said in a Bloomberg Television interview that they texted Wednesday night, after Musk urged lawmakers on X to “kill the bill.” The former Department of Government Efficiency chief has blasted the tax cut plan for threatening to grow the deficit. The bill would also undo electric vehicle tax credits that benefit Musk’s company Tesla.​

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“Elon is a good friend. We texted late last night. We’re going to talk this morning,” Johnson said. “He seems pretty dug in right now, and I can’t quite understand the motivation behind it.”​

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Johnson has been scrambling to rally Republicans to brush off Musk’s attacks. Musk, a GOP mega donor, has also threatened to target Republicans in the midterms in retaliation. Republican leaders have tried to downplay the fallout, but it’s rattled House GOP lawmakers in particular — including those who were hoping Musk would write campaign checks next year.​

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Pressed if Musk has asked to save electric vehicle incentives as part of the bill negotiations, Johnson declined to answer but said he’ll let people draw their own conclusions.​

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Johnson said the tax credits were “important to the leader of Tesla.” . . . ​

 

[waybomb]

There should not be any subsidy for any thing. If it can't seem on its own merit, then it doesn't sell.

 

[Melensdad]

There should not be any subsidy for any thing. If it can't seem on its own merit, then it doesn't sell.

There are a whole lot of reasons people are not buying EVs. Some of those reasons are political. Left leaning people tend to prefer EVs and restoring the EV tax credit.

Right leaning people tend to favor removing the EV tax credit and remain skeptical about EVs in general. But they may also feel that they owe Musk a big favor. Even if the market says that the cars are not yet viable without the EV tax credit.

https://www.autoblog.com/news/why-arent-americans-buying-evs

AutoBlog has a whole list. The $7500 tax credit probably was a big incentive to overlook some of these shortcomings.

Why Aren’t Americans Buying EVs? AAA Survey Uncovers Key Hesitations​

EVs have improved a lot over the years, but Americans are still skeptical.​

Jun 4, 2025 10:00 PM EDT​

Supply does not always equal demand​

These days, it seems like every automaker and its rivals have some sort of electric car out on the market. Years ago, Elon Musk and Tesla were one of only a handful of manufacturers on the block producing electric vehicles, but today’s EVs come from a smattering of brands that include familiar mainstream names like Ford, Chevrolet, and even Hyundai and Kia. . . ​

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Less than 20% of U.S. adults are “likely” to get an EV as their next car, says AAA.​

According to a new survey of U.S. adults conducted by AAA, American interest in EVs is at its lowest since 2019. The study, conducted in March of this year, surveyed 1,128 American adults to measure the likelihood of purchasing an EV and the factors influencing their decisions.​

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The Automobile Club found that only 16% of U.S. adults indicated they are “very likely” or “likely” to purchase an electric vehicle (EV) as their next car, marking the lowest percentage recorded in six years. Meanwhile, the proportion of adults who told AAA that they are “unlikely” or “very unlikely” to buy an EV for their next vehicle has increased from 51% to 63% over the past four years. The percentage of those who said they are “neither likely nor unlikely” to purchase an EV has remained steady at 21%.​

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“Since we began tracking interest in fully electric vehicles, we’ve seen some variability,”. . . underlying consumer hesitation remains.”​

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What are the reasons behind the public’s lack of interest?​

According to AAA, the most common reasons people are not considering an EV purchase are a few specific issues that linger from the past. About 62% of drivers expressed concern about potentially high battery repair costs, while 59% of buyers were deterred by the higher upfront purchase price compared to equivalent gas-powered models.​

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Many respondents also expressed concerns about specific activities and how EVs handle them. About 57% of Americans feel that EVs can’t handle the rigors of long trips, while 56% of EV skeptics were also concerned about the lack of convenient public EV charging facilities. Furthermore, 55% of skeptics stated that they avoid EVs due to fear of being stranded with a dead battery on the side of the road, while 27% reported issues with installing a charging station at their homes.​

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In addition, the onset of the new Presidential administration has made the future of electric vehicle incentives unclear, which has led to fewer people showing interest in buying EVs to benefit from rebates and tax credits. Despite this, 77% of respondents said that they’re motivated to get an EV to save money on gas, while 59% of people said they care about the environment.​

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However, the study showed a shift in perspectives regarding the electric vehicle (EV) market. Just 23% of respondents surveyed by AAA believe EVs will surpass gasoline cars within the next decade, which peaked at 40% in 2022.​

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Final thoughts​

Right now, price anxiety and political discussions are heavily influencing how people view electric vehicles. Regardless of where you stand politically, trying to let the market alone decide the future of EV adoption when many feel everything is already too expensive will likely lead to the public rejecting the pricier option. At this point, more affordable EV options and a stronger charging network need to be built out in order for full electrification to happen, but that’s a tall order.​

 

[shortarcflyer]

Personally I dont think EVs should be subsidized or given a tax credit. Personally, I will not buy one.