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Reading: Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment
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The Wall Street Publication > Blog > Tech > Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment
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Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment

Editorial Board Published November 18, 2021
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Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment
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WASHINGTON—President Biden says he wants to save the planet and save union jobs. The electric-vehicle tax credit in his social spending package shows how those aims can sometimes conflict.

The proposal being negotiated by House and Senate Democrats gives consumers the full $12,500 tax write-off only if they buy electric vehicles assembled by union workers using American-built batteries. Automobiles produced in nonunion factories would qualify for $4,500 less.

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