When someone asked Musk on Twitter why Biden didn’t acknowledge the achievement, the SpaceX and Tesla CEO offered some like-minded words.
“Congratulations #Inspire4! With today’s fall, you’ve helped demonstrate that low-Earth orbit is open for business,” Nelson tweeted
“Low-Earth orbit is now more accessible for more people to experience the wonders of space,” he tweeted last week
after lifting. “We look forward to the future — one where NASA is one of many customers in the commercial space market. On and on.”
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Biden has been good to Musk
The Biden administration has been great for Musk’s companies in many ways. SpaceX has NASA Contracts to deliver both supplies and American astronauts
to the International Space Station. Many preceded Biden taking over, but the company has secured additional NASA contracts this year. In April it was awarded a $2.9 billion NASA contract to build the spacecraft that, despite protests from Blue Origin, would land astronauts on the Moon for the first time in five decades. The rocket company, led by Amazon founder Jeff Bezos, also sought the contract.
The regulatory tax credits sold to other automakers have benefited greatly from the regulatory tax credits that were not complying with tougher emissions regulations. Tesla, which only sells EVs, has a greater supply of credits that can be sold. Those credits could be worth more if the Biden administration tightens emissions rules as it has proposed to do.
Until the most recent quarter, Tesla would never have made a profit from the sale of those credits without it, and back when it was still losing money the credits helped too. fund its initial operations
Tesla has in the past benefited from a $7,500 tax credit to buyers of electric vehicles, a fact that allowed it to charge more for the cars.
Buyers of EVs made by Tesla and General Motors
No longer eligible for that tax credit because of the number of plug-in cars they’ve delivered in the past.
Biden has backed the reinstatement of a $7,500 tax credit to buyers of electric vehicles, regardless of who made them, which would be an advantage for Tesla, although they would be limited to claiming the price of the car and the buyer’s income. , so it will not necessarily apply to all Tesla sales.
Language in the version of the law that passed the House Ways and Means Committee last week to give an additional $4,500 tax credit to EVs made by Union Labor and an additional $500 for those with batteries made in the United States . Although Tesla makes its batteries here, it is a non-federal company.
Apparently because of its non-federal status, Tesla was not invited to a White House event with Biden in which he announced plans to toughen emissions regulations and move ambitious targets away from gasoline-powered cars. Transferred to EVS. GM (GM)
handjob Payab (F)
And Stelantis, which has unionized Labor, all appeared, as did representatives of the United Auto Workers union.
Biden, who is seen as perhaps the most union-friendly president in history, is working to support UAVs for electric vehicles, despite concerns within the union that switching to EVs could cost some jobs. because they require perhaps a third less labor due to fewer moving parts.
Credit : www.cnn.com