NEWYou can now listen to Fox News articles!
President Joe Biden’s administration has reportedly repeatedly asked Elon Musk’s Tesla for advice on climate initiatives, with the White House first contacting the company on his first day in office.
The Biden administration is working with Tesla on a policy allowing electric vehicles to qualify for some climate subsidies, Reuters reported on Thursday. White House climate officials held numerous meetings with Tesla executives during the administration’s first months.
The meetings focused on the Renewable Fuel Standard, a federal policy requiring that a certain minimum percentage of fuel sold in the United States be renewable. The administration was seeking to update the policy to somehow benefit purely electric vehicles, according to Reuters.
Despite a promising start, the Biden administration’s relationship with Tesla and Musk has since soured. The billionaire entrepreneur has been highly critical of the Biden administration and the Democratic Party as a whole in recent months.
MARIA BARTIROMO ON ELON MUSK’S ‘SUPER BAD FEEL’ ABOUT THE ECONOMY
Musk asked 10% job cut at Tesla in early June, citing a “super bad feeling” about the economy. However, Biden has sought to play down fears of a recession amid record gasoline prices and inflation at its highest level in 40 years.
ELON MUSK CALLS AOC AND ASK TWITTER FOLLOWERS IF THEY TRUST ‘THE POLITICIANS‘ WHERE ‘BILLIONAIRES‘
Musk said on Tuesday he believed a recession was “inevitable” and likely to hit the United States soon.
Asked about Musk’s comments, Biden said it wasn’t all bad.
“Well, let me tell you, while Elon Musk is talking about this, Ford is massively increasing investment. I think Ford is increasing investment in building new electric vehicles, 6,000 new employees, unionized employees, I might add, in the Midwest,” Biden said. He added: “The former Chrysler Corporation, Stellantis, is also making similar investments in electric vehicles. Intel is creating 20,000 new jobs, making computer chips.”
CLICK HERE TO GET THE FOX NEWS APP
Musk dismissed Biden and his fellow Democrats as “union-controlled” last week. Musk will vote Republican for the first time in the upcoming 2022 midterm elections.