Tesla won’t be hurt by EV subsidy withdrawal – Musk

Tesla won’t be hurt by EV subsidy withdrawal – Musk

Tesla CEO Elon Musk said Tuesday that a possible withdrawal of support for electric vehicles by U.S. presidential candidate Donald Trump would hurt other automakers more than the Austin, Texas-based company. “It would be devastating for our competitors, and it would hurt Tesla slightly, but in the long run it would probably help Tesla,” Musk … Read more

Musk halts plant in Nuevo Leon

Musk halts plant in Nuevo Leon

Mexico City. Construction of Tesla’s $5 billion gigafactory in Santa Catarina, Nuevo Leon, has been put on hold until after the U.S. presidential election in November, said Elon Musk, co-founder and CEO of the automotive firm. I think we need to see how things are after the elections.the billionaire said during a call with analysts … Read more