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18 Nov '12, 7pm

Musk: Obama’s Win Good For Electric Vehicle Industry

Musk: Obama’s Win Good For Electric Vehicle Industry

Clean technology and renewable energy were some of the key winners of the recent US election in which president Barack Obama defeated Republican challenger Mitt Romney to claim the White House for four more years. Count Tesla Motors Chief Elon Musk as one of clean tech’s movers and shakers who hopes the advancement of clean tech trends from the past four years continue. Image Credit: Elon Musk via Phil Stafford /Shutterstock Discussed in an Autoblog Green post, a Reuters article said Musk thinks Obama’s win will mean increased electric vehicle (EV) production. As he hopes for further advancement of US EV production, one key way to boost market sales that Musk would throw his weight behind would be to boost the amount of the US federal electric vehicle tax credit: Musk added that, unsurprisingly, he’d support raising the federal tax credits for EVs to as much as $10,000 per...

Full article: http://cleantechnica.com/2012/11/18/musk-obamas-win-good-...

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