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Elon Musk pokes fun at Joe Biden’s love for GM, which delivered 26 EVs in Q4

Teslarati

Tesla’s Elon Musk recently called out President Joe Biden for his apparent love affair with General Motors. Musk acknowledged Tesla’s influence in the sector but also openly stated that Biden and the White House are controlled by the UAW so much that it was able to exclude Tesla from an EV Summit held in Washington.

GM 91
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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.