December 7, 2021
2 mins read

Musk blasts Biden’s $1 trillion infra bill

In November, Biden signed a bipartisan $1 trillion infrastructure bill into law after months of delay amid Democratic infighting over a social spending package….reports Asian Lite News

Taking on US President Joe Biden, Tesla CEO Elon Musk has said that America does not need his administration’s ambitious $1 trillion infrastructure bill, or any of the government subsidies.

Speaking at the Wall Street Journal’s CEO summit late on Monday, Musk said: “We’ve spent so much money.. The federal budget deficit is insane. I would say… can the whole (infrastructure) bill. Don’t pass it, that’s my recommendation.

“Just delete them all”.

In November, Biden signed a bipartisan $1 trillion infrastructure bill into law after months of delay amid Democratic infighting over a social spending package.

The bill includes $550 billion in new spending on infrastructure projects, such as roads, bridges, passenger rails, drinking water and wastewater systems.

The rest of the infrastructure package involves previously approved spending.

The Senate approved the bill in August, but progressive House Democrats held it up for months, demanding a vote on a larger social spending package, but eventually failed.

Musk further said that Tesla has been selling its electric cars for more than a year in the US without the $7,500 federal tax credit, without taking a demand hit.

He added that the US government should not be giving out subsidies to expand EV charging infrastructure either.

“Do we need support for gas stations? We don’t. So there’s no need for this,” Musk said.

Tesla currently operates more than 3,000 charging stations with around 30,000 connectors globally.

Musk’s electric car company has officially moved its headquarters from Palo Alto, California, to Austin, Texas.

Tesla will continue to operate its electric vehicle factory in Fremont, California, and increase production there by 50 per cent.

Meanwhile, Musk on Monday tweeted that he is hiring Artificial Intelligence (AI) engineers who are passionate about solving day-to-day problems through AI.

“As always, Tesla is looking for hardcore AI engineers who care about solving problems that directly affect people’s lives in a major way,” Musk tweeted along with a link to apply for the job.

Interested candidates can apply by filling in fields like name, email, exceptional work done in software, hardware or AI, dropping their resume in the PDF format and hitting the Apply option.

As per the website, Tesla’s AI and Autopilot unit develops and deploys autonomy at scale in vehicles, robots and more.

ALSO READ: Biden, Putin to get on high-stakes video call 

Previous Story

Biden, Putin to get on high-stakes video call 

Next Story

Indian-origin Anil Menon among 10 astronauts for Moon mission

Latest from -Top News

Lanka Marks Next Phase of Indian Housing Drive

Phases III and IV of the Indian Housing Project highlight India’s commitment to supporting and empowering Sri Lanka’s Indian-origin Tamil community….reports Asian Lite News Sri Lankan President Anura Kumara Dissanayake on Sunday

Hamas Frees Captives

The Israeli Air Force announced that it has completed its preparations to receive hostages returning from Gaza to Israel….reports Asian Lite News The Red Cross has taken custody of the first group

China’s Grab for Africa

China’s investments aim to strengthen its geopolitical influence and its high-tech manufacturing sector in Africa…reports Asian Lute News China is further consolidating its dominance in the rare earth elements sector by expanding

Pakistan Courts in Peril

The question now is whether Pakistan’s courts can continue to function as guardians of the law, or whether they will be reduced to instruments of control…reports Asian Lite News Pakistan judiciary’s independence
Go toTop

Don't Miss

Taliban asks US to honour Afghan peace deal

Suhail Shaheen told NHK in an interview that the Taliban

Blinken in Central Asia as tensions soar over Ukraine war

Blinken’s visit to Astana and later this week to Tashkent,