|
The
billionaire entrepreneur is escalating criticism about the
administration and Democrats for a proposal to give union-made,
U.S.-built electric vehicles an additional $4,500 tax incentive.
Tesla and foreign automakers do not have unions at their U.S.
factories.
"Honestly, it might be better if the bill doesn't pass," Musk
said at the WSJ CEO Council Summit.
"I'm literally saying get rid of all subsidies," he said, adding
that the government should I think just try to get out of the
way and not impede progress."
He also reiterated opposition to a proposal by Democrats to tax
billionaires. "It does not make sense to take the job of capital
allocation away from people who have demonstrated great skill
... and give it to, you know, an entity that has demonstrated
very poor skill in capital allocation, which is the government."
Musk also said his brain-chip startup, Neuralink hopes to begin
human trials next year pending approval of the U.S. Food and
Drug Administration. "I think we have a chance with Neuralink of
being able to restore full body functionality to someone who has
a spinal cord injury."
(Reporting by Hyunjoo Jin; Editing by Sandra Maler)
[© 2021 Thomson Reuters. All rights
reserved.] Copyright 2021 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
