From Barchart: 2025-05-30 17:04:00

Tesla CEO Elon Musk testified before Congress, warning that ending clean energy tax credits could have negative consequences. Musk stated that it could cost billions, slow innovation, and threaten U.S. energy independence. This comes as Congress debates the future of these tax credits and their impact on the renewable energy industry. Musk urged lawmakers to consider the long-term implications of their decisions on the environment and the economy.



Read more at Barchart: Elon Musk’s Tesla Warns Trump’s Big Beautiful Bill Could ‘Threaten America’s Energy Independence’ and Cost Them Billions