Elon Musk profiles himself as opponent of government intervention

Elon Musk profiles himself as opponent of government intervention

8. December 2021 0 By Horst Buchwald

Elon Musk profiles himself as opponent of government intervention

Washington, 8/3/2021

Elon Musk is an opponent of the Biden administration’s infrastructure bill (Build Back Better Act) and opposes government subsidies as well as plans to expand electric vehicle charging infrastructure in the United States.

Speaking at the Wall Street Journal CEO Summit, the Tesla CEO expressed concern about his country’s high debt levels and recommended that the government “just try to get out of the way and not impede progress.”

 

The Build Back Better Act, now being debated in the Senate, includes an overhaul of the tax credit system for electric vehicle buyers. It would increase the base credit of $7,500 by $4,500 if an electric vehicle is built in the U.S. with unionized labor. That’s not on the table at Tesla because there are no unions. Musk stressed it would be better if the $2 trillion Gesetyentworf did not pass.

Musk confirmed that the cyber truck is expected to go into production in 2023, adding that it could be Tesla’s “best product ever.

He is also confident that he will be able to begin human testing of the Neuralink brain implant in 2022, if the FDA approves. The project has the chance to “restore full body functionality to someone who has a spinal cord injury,” he said.

Of SpaceX’s Starship rocket, Musk said it will make “the difference between humanity as a one-planet species and a multi-planet species.”

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