US senator says Tesla benefited from govt support, Elon Musk replies | TheBriefWire
US senator says Tesla benefited from govt support, Elon Musk replies
Published 15 June 2026 ยท tech
Elon Musk has refuted claims that his companies, Tesla and SpaceX, owe their success to government aid, stating such incentives represent less than 2% of
Elon Musk has refuted claims that his companies, Tesla and SpaceX, owe their success to government aid, stating such incentives represent less than 2% of their value. The debate ignited between Senators Mike Lee and Ed Markey over taxpayer contributions to Musk's wealth. Musk asserted that removing EV tax credits actually boosted Tesla's market share.
Published: June 15, 2026 โข 12:06 PM IST ยท Updated: June 15, 2026 โข 3:02 PM ISTBy TheBriefWire Editorial Team
Key points
Elon Musk has refuted claims that his companies, Tesla and SpaceX, owe their success to government aid, stating such incentives represent less than 2% of their value.
The debate ignited between Senators Mike Lee and Ed Markey over taxpayer contributions to Musk's wealth.
Musk asserted that removing EV tax credits actually boosted Tesla's market share.