Elon Musk's Tesla helped the Biden administration when they asked

The Biden administration has repeatedly asked Elon Musk's Tesla for advice on climate initiatives that involve subsidies.

Published Jun 24, 2022 12:32 AM CDT   |   Updated Tue, Jul 19 2022 4:32 AM CDT
2 minutes & 17 seconds read time

Reports have surfaced regarding the Biden administration seeking advice from Elon Musk's Tesla on climate policies.

Elon Musk's Tesla helped the Biden administration when they asked 01

The reports indicate that President Joe Biden's administration has tried to get into contact with Elon Musk's Tesla to discuss new climate policies that will allow for electric vehicle manufacturers to receive some form of climate subsidy. White House officials, along with Tesla executives, have reportedly met on several occasions to discuss policy changes that were linked to the Renewable Fuel Standard - a federal policy that requires a certain percentage of fuel sold throughout the US to be renewable.

Reuters reports that Tesla and the White House are discussing a way to include electric vehicles in the Renewable Fuel Standard. These discussions between Tesla and the White House reportedly date back to Biden's first day of office, where he is said to have attempted communication with Musk/Tesla. As for Tesla itself, Musk described the hardships of running a car manufacturing company and said that the company is entirely focused on avoiding bankruptcy.

Musk said in an interview filmed on May 31 that Tesla currently has two massive "money furnaces" that are causing the company to effectively hemorrhage money. This hemorrhaging is from a lack of production coming out of two of Tesla's Gigafactory's, and has been caused by many supply chain issues and the temporary closure of one of the factories. Musk also confirmed during the interview that the design for the highly anticipated Cybertruck is fully "locked", and when people can expect the next-generation truck to go into production.

Read more: Elon Musk confirms Cybertruck design is fully 'locked'

Read more: Elon Musk says Tesla is losing billions from two big 'money furnaces'

In other Elon Musk news, the Tesla and SpaceX CEO has trolled all Starlink internet users by threatening to change the default Wi-Fi name. Musk also has said that he is still purchasing his favorite cryptocurrency coin - Dogecoin.

Read more: Elon Musk says he is still buying his favorite cryptocurrency

Read more: Elon Musk trolls all Starlink users by changing the default Wi-Fi name

If you are interested in reading more about Musk, Tesla, and the relationship with the Biden administration, check out this link here.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science and space news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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