Wednesday, October 30, 2024

In the long run it will help Tesla.

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The businessman showed no interest in the measure proposed by the Republican candidate, which would initially harm his company, and considered that it “would be devastating to competitors.”

he Tesla CEO Elon MuskIncreasingly involved in politics ahead of the November 5 election, he pointed to one possible measure of Donald TrumpInitially, it hurt his sector, but he defended it anyway. According to him, removing support from Electric cars “likely to help Tesla in the long run.”

In this sense, he explained that this procedure is awaited by the Republican candidate. “It will be devastating to competitors, it will hurt Tesla a little bit, but in the long run it will probably help Tesla.”He said musk After the results were displayed, the company announced them. Lowest profit margin in over five years.

Former President Trump, with Musk’s support, has been highly critical of the administration’s policies. Biden In this regard, he indicated that he would “end the era of electric cars” if he won the elections. Despite these statements, the South African businessman did not seem worried and confirmed that The future of your business lies in AI focused self-driving technology.

Tesla’s value is Tremendous independence. These other things are in the noise about autonomy.” musk.

Elon Musk confirms his support for Donald Trump

Owner X declared his support for Trump Shortly after the attack on the Republican candidate. However, he categorically denied media reports that he had pledged to donate. $45 million a month for Trump, but he admitted that he created a political action committee.

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Musk’s support for Trump was created Some confusion among Tesla followersWho wondered how his election would help the electric car company.

Additionally, Trump’s vice presidential pick, J.D. Vance, introduced a bill last year. – Cancel support for electric cars And replace them with Credit for gas vehicle promotionAlthough it has no chance of being approved in Congress.

In this regard, the businessman said in a post on the X website last week:Remove subsidies. It will only help Tesla.. Also, cancel support for all industries!”

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