Elon Musk takes pictures at Joe Biden after SpaceX sends civilians to area

By admin On Sep 20, 2021

When somebody requested Musk on Twitter why Biden hadn’t acknowledged the accomplishment, the SpaceX and Tesla CEO supplied some selection phrases.

“He is nonetheless sleeping,” Musk responded within the Sunday afternoon tweet, echoing the insult of former President Donald Trump, who referred to Biden by the nickname “Sleepy Joe.”

Later, another person tweeted with a picture from the film “Alien,” labeling the alien grabbing onto the face of an astronaut as “UAW” and the sufferer as “Biden.” Musk responded with a tweet that stated, “Appears that method.” Musk has been in battles with the United Auto Workers union, which up to now has failed to prepare staff at Tesla’s factories.

“Congratulations #Inspiration4! With at the moment’s splashdown, you’ve got helped display that low-Earth orbit is open for enterprise,” Nelson tweeted on Saturday.

“Low-Earth orbit is now extra accessible for extra individuals to expertise the wonders of area,” he tweeted last week after lift-off. “We look ahead to the long run — one the place NASA is one in every of many shoppers within the industrial area market. Onward & upward.”

Biden has been good for Musk

In plenty of methods the Biden administration has been excellent to Musk’s corporations. SpaceX has NASA contracts to deliver both supplies and US astronauts to the Worldwide Area Station. Many predate Biden taking workplace, however the firm has gotten additional NASA contracts this yearL In April it was awarded a $2.9 billion NASA contract to construct spacecraft that can land astronauts on the moon for the primary time in 5 a long time, regardless of protest from Blue Origin, the rocket firm led by Amazon founder Jeff Bezos, which had additionally sought the contract.

Tesla (TSLA) has tremendously benefited from regulatory tax credits it bought to different automakers who weren’t complying with more durable emission guidelines. Tesla, which sells solely EVs, has an extra provide of these credit that may be bought. These credit might get extra helpful if the Biden administration toughens emissions guidelines because it has proposed to do.

Till the most recent quarter, Tesla would by no means have turned a revenue with out the advantages from the sale of these credit, and again when it was nonetheless dropping cash the credit additionally helped fund its early operations.

Tesla additionally benefited up to now from a $7,500 tax credit score to consumers of electrical automobiles, a indisputable fact that allowed it to cost extra for the automobiles.

Consumers of EVs made by Tesla and General Motors now not qualify for that tax credit score due to the variety of plug-in automobiles they’ve delivered up to now.

Biden has supported restoring a $7,500 tax credit score to consumers of electrical automobiles, irrespective of who constructed them, which might be a profit for Tesla, though they’d be limits on the value of the automobile and the revenue of the client for it to be claimed, so it would not essentially apply to all Tesla gross sales.

SpaceX capsule returns four civilians from orbit, capping off first tourism mission

Language in model of the laws that handed the Home Methods and Means committee final week to provide a further $4,500 tax credit score to EVs made with union labor and one other $500 for these with batteries made in the US. Though Tesla does make its batteries right here, it’s a nonunion firm.

Apparently due to its nonunion standing, Tesla was not invited to a White House event with Biden during which he introduced plans to toughen emission guidelines and referred to as for bold objectives to shift from gasoline powered automobiles to EVs. GM (GM), Ford (F) and Stellantis, which have union labor, all appeared, as did representatives from the United Auto Employees union.

Biden, who’s seen as maybe probably the most union-friendly president in historical past, has been working to maintain the UAW supportive of the push for electrical automobiles, regardless of issues throughout the union {that a} swap to EVs might value some jobs as a result of they require maybe as a lot as one-third much less hours of labor to assemble on account of fewer transferring elements.