Musk Aims to ‘Kill’ Tax Bill as He Fails to Save EV Credits (2)
June 5, 2025, 12:04 PM UTC
Erik Wasson
Bloomberg News
Elon Musk is on a mission to block President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in the legislation, according to a person familiar with the matter.
The Tesla Inc. chief executive officer personally appealed to House Speaker Mike Johnson to save the tax credit, the person said, requesting anonymity to discuss a private conversation. The House version of the tax measure calls for largely ending the popular $7,500 electric car subsidies by the end of 2025 that Tesla has benefited from for ...
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