Elon Musk has called electric automobiles “essential” in the fight against climate change, which he says will result in more displacement and destruction than all of history’s wars combined. As a result, you’d assume he’d support federal funding for electric vehicle charging stations.
But, at least for the time being, that is not the case. Musk, who has a reputation for being aggressive, appeared at the Wall Street Journal’s CEO Summit on Monday and proposed that the Biden infrastructure plan be scrapped. Musk stated that the $7,500 electric car tax credit, which provides a tax credit of up to that amount to individuals purchasing plug-in electric vehicles, was not required to stimulate demand for Tesla’s vehicles. He also criticised the federal government for providing funding for charging infrastructure.
“Do we need support for gas stations? We don’t,” Musk said. “There’s no need for support for a charging network. I would delete it. Delete.”
In the United States now, there are around 45,000 charging stations. The infrastructure plan includes $7.5 billion for charging infrastructure, with the Biden administration aiming for 500,000 charging stations. In the United States, Tesla’s charging stations can presently only be utilised by Tesla automobiles. The business has stated that they will be open to all manufacturers, however non-Tesla owners will most likely need to purchase an adaptor due to Tesla’s unique plug. Non-Tesla owners will likely find new charging stations to be more accessible and affordable right away.
Musk’s firms have previously supported government spending, so these remarks represent a departure.
Before its initial public offering that summer, Tesla got a $465 million loan from the Department of Energy in January 2010. Tesla also makes money by selling regulatory credits to other automakers, which helps it stay afloat.
Many state governments have mandated that automakers offer a certain number of zero-emission automobiles. Automobile manufacturers who don’t satisfy the requirements can buy credits from Tesla, which has a surplus because it solely sells electric automobiles. These government initiatives aim to encourage people to switch to electric vehicles.
Tesla received $1.3 billion in state subsidies to develop its “Gigafactory” in Sparks, Nevada, where it manufactures batteries.