Musk criticizes Trump bill over abrupt end to energy tax credits
- Elon Musk criticized a Republican-led House bill passed in late May 2025 that abruptly ends energy tax credits in the U.S., threatening clean energy incentives.
- The bill emerged amid partisan debates, with the House passing it unanimously among Republicans and President Trump supporting it, while Senate opposition and Democratic resistance persist.
- The legislation would eliminate $522 billion in tax incentives from the Inflation Reduction Act, roll back renewable energy support, and favor traditional energy sources like nuclear and fossil fuels.
- Musk stated that abruptly ending credits would threaten grid reliability and urged a sensible wind down of solar-related incentives, while Tesla’s energy division noted steady growth despite the policy risks.
- Experts warn the bill could raise electricity costs by 10%, jeopardize 790,000 jobs, increase reliance on foreign energy, and slow U.S. Clean energy manufacturing, implying significant long-term impacts.
11 Articles
11 Articles
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The Republicans of the House of Representatives passed a bill that directly attacks the future of our community. They voted to eliminate tax credits for clean energy, putting at risk more than 400,000 new well-paid jobs in the manufacturing industry—jobs on which many Latino families depend to get ahead.By Antonieta Cádiz - Deputy Executive Director of Climate Power In Action.
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Musk, Tesla Object to GOP Megabill’s Repeal of Clean Energy Tax Credits
WASHINGTON—Elon Musk and Tesla have criticized the House-passed reconciliation bill over its inclusion of plans to end tax credits for clean energy production. On May 28, hours after announcing that he would leave the Trump administration as de facto head of the Department of Government Efficiency (DOGE) as the end of his tenure is approaching, the Tesla CEO reposted a note by the company on X urging the Senate to reconsider repeals of clean ene…
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