Trump Discusses Elon Musk's Disappointment Over Tax Bill and EV Credits
Bloomberg PodcastsJune 6, 20251 min3,062 views
2 connections·3 entities in this video→Trump's Disappointment with Elon Musk
- 💔 President Trump expressed disappointment with Elon Musk over his reaction to a proposed tax bill.
- 💡 Trump stated that Musk was aware of the bill's inner workings, including the removal of electric vehicle tax credits, and had no prior issues with it.
- 💰 The removal of the TV mandate, which represented billions of dollars in subsidies for electric vehicles, is cited as the reason for Musk's change of heart.
The Tax Bill and Electric Vehicle Mandates
- 🚗 Trump explained that the administration wants to support various types of vehicles, including electric, gasoline combustion, and hybrids, allowing for the sale of all types.
- 📉 The cutting of the TV mandate by Congress led to Musk developing a problem with the bill, according to Trump.
- 🤝 Trump recalled a time when he and Musk had a good relationship, evidenced by Musk's presence in the Oval Office and positive statements.
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What’s Discussed
Donald TrumpElon MuskTax BillElectric Vehicle Tax CreditsEV SubsidiesTV MandateCongressional BillOval Office Meeting
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