Musk meets two senior White House officials
Technology
Meeting took place to examine how Musk-Biden may accelerate EVs, US transportation electrification
WASHINGTON (Reuters) - Elon Musk, CEO of Tesla, met with two senior White House aides on Friday in Washington to examine how the automaker and Democratic President Joe Biden may collaborate to accelerate the manufacture of electric vehicles and quicken the electrification of American transportation networks.
According to the White House, Biden s senior advisor for renewable energy innovation, John Podesta, and Mitch Landrieu, who is in charge of infrastructure expenditures, met with Musk. Biden and the billionaire have frequently disagreed over political and labour concerns.
Musk declared it to be "True" in a tweet in response to the first, exclusive Reuters story that he spoke with the authorities.
Later, Karine Jean-Pierre, the press secretary for the White House, acknowledged that the meeting had taken place and noted that Musk had not met with Biden in person. She said that the meeting shows Biden s dedication to electric cars and the significance he places on the infrastructure and inflation control policies enacted last year.
The heads of the House Judiciary and Oversight Committees, Republicans James Comer and Jim Jordan, also met with Musk on Friday. He met with House Speaker Kevin McCarthy on Thursday and exchanged pleasantries with House Democratic Leader Hakeem Jeffries.
Under the $430 billion United States Inflation Reduction Act (IRA), which was approved in August, American consumers who purchased Teslas are once again eligible for up to $7,500 in consumer tax credits. After Tesla sold its first 200,000 cars in the US, a prior tax benefit for customers was no longer valid.
The law stipulates that EVs eligible for tax incentives must be produced in North America. For customers who qualify for the credits, there are also income and car price limits.
The bill also establishes new battery sourcing limitations that are scheduled to go into effect in March. Additionally, it contains new credits for American battery manufacture, about which Musk earlier this week indicated the business may profit greatly.
