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The Tesla CEO said that the $2 trillion spending package would add to the “insane” federal budget deficit, and would have the government incentivizing certain businesses, including up to $12,500 in incentives for electric car buyers

‘Can this whole bill,’ says Elon Musk about EV spending bill

Tesla CEO reiterates his negative stance against the social and climate spending bill

By Yashasvini Razdan
Published - Dec 07, 2021, 08:42 PM ET
Last Updated - Jun 21, 2024, 04:24 AM EDT

Tesla CEO reiterates his negative stance against the social and climate spending bill

Musk said the $2 trillion spending package would add to the “insane” federal budget deficit

Elon Musk voiced his criticism for President Joe Biden’s social and climate spending bill, highlighting his concerns regarding the “insane” federal deficit.

“Honestly, I would just can this whole bill. Don’t pass it, that’s my recommendation,” Musk said late Monday during The Wall Street Journal’s CEO Council Summit.

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