One might expect Tesla CEO Elon Musk to champion tax credits for EV buyers, but he has actually been a vocal critic of the practice. Even though Tesla arguably benefited enormously from such incentives before its cars stopped qualifying, Musk has pushed for ending them.
His stance is counterintuitive coming from the head of the world’s most prominent EV maker. Yet Musk appears confident Tesla can compete without subsidies, framing the credits as a crutch the industry, and perhaps his rivals, would be better off without.