Elon Musk: Eliminate Tariffs and All Energy Subsidies

Elon Musk: Tariffs and tax incentives should be eliminated.

“In general, I'm in favor of no tariffs. I'm also actually in favor of no tax incentives for EVs, provided that the tax incentives for oil and gas must also be eliminated.

So, I'm in favor of no tariffs and no incentives for electric vehicles or for oil and gas. And if they're all taken away, I think that would be for the best. I think generally, things that inhibit freedom of exchange or distort the market are not good.”

Viva Technology, Paris, May 23, 2024