Musk responds to Trump's plan to cancel electric vehicle tax credits: supports, all government subsidies should be canceled

On November 15th, according to sources cited by Reuters, the Trump transition team plans to terminate the $7500 electric vehicle tax credit. Tesla has informed the Trump transition committee that they support terminating subsidies. In response to this news, Musk said, "I believe we should cancel all government subsidies, including subsidies for electric vehicles, gasoline vehicles, and natural gas energy vehicles.