Bobby Allyn

3 weeks ago | texasstandard.org | Bobby Allyn

During the Biden administration, Congress devoted billions of dollars to expand electric vehicle charging stations nationwide. A major pillar of this plan was having Tesla make its chargers compatible with other vehicles, something Tesla agreed to in exchange for a slice of the federal funds. That plan has been halted by the Trump administration, even before Congress tried to pass the Trump-backed tax policy bill that would roll back support for EVs even more.

3 weeks ago | mprnews.org | Bobby Allyn

"If I cared about subsidies," Elon Musk said in 2015, "I would have entered the oil and gas industry."Yet the history of Musk's business empire tells another story. Musk's companies have long been fueled by taxpayer money, whether in the form of massive government contracts, low-interest loans, tax breaks and other support that helped make Musk one of the world's richest people. Over the past two decades, firms run by Musk have received tens of billions of dollars in federal backing.

3 weeks ago | benton.org | Bobby Allyn

"If I cared about subsidies," Elon Musk said in 2015, "I would have entered the oil and gas industry." Yet the history of Musk's business empire tells another story. Musk's companies have long been fueled by taxpayer money, whether in the form of massive government contracts, low-interest loans, tax breaks and other support that helped make Musk one of the world's richest people. Over the past two decades, firms run by Musk have received tens of billions of dollars in federal backing.

1 month ago | wgbh.org | Bobby Allyn

May 21, 2025 Elon Musk, who was the biggest presidential campaign donor in 2024, said on Tuesday that he plans to scale back his political spending. “I’m going to do a lot less in the future,” he said in a video interview with Bloomberg News at the Qatar Economic Forum. “I think I’ve done enough.”When asked if paring back his political financing was driven by any blowback he’s weathered in the Trump administration, Musk said: “If I see a reason to do political spending in the future.

1 month ago | mprnews.org | Bobby Allyn

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