Post by
deepoil0808 on Nov 15, 2024 12:12am
MUSK - TRUMP (secretive deal....???)
I am of the opinion that Musk and TRUMP have a secretive EV deal in place.
Telsa is in agreement with TRUMP to kill off $ 7,500 tax credit for EV car buyers that is in the Inflation Reduction Act.
For Trump it is a win because it shows that he is for big oil and saving American car companies jobs in swing States like Michignan. It shows that he has kept his promise.
But what about Musk who through Telsa is the biggest EV seller. What would be his reasoning, how can he possibly win?
Musk knows that the $ 7,500 tax credit is not working, it is a useless credit which practically no one gets as all parts of a car have to be made in American and, secondly cause costs of EV cars are still too expensive for the average Jo Blo.
HOWEVER, if you notice, TRUMP has named MUSK to downsize the government and KILL OFF all of the red tape and regulations that are blocking EV sales from taking off and making cost of car more expensive.
Regulations cost more than $ 7,500 credit that is being cancelled. It cost thousands more. By elminiating the regulations, the costs of EV will plunge in price. They will become much more cheaper and the average Joe Blo will be able to afford it. This will allow the EV sales to SOAR.
For this favor, I suspect that somewhere down the road, there is another agreement whereby X will buy out Truth Social for many billions of $$$ making TRUMP a billion many times over.
So as you can see, WIN WIN WIN.....
This is my personal opinion and subject to speculation. I could be wrong, so do your own due diligence.
Good Luck,