Musk (Finally) Invited to White House To Talk About EVs

Mandatory Credit: Photo by Action Press/Shutterstock (12861852i)Elon Musk, Olaf Scholz during the Federal Chancellor's visit to the Tesla Gigafactory Berlin-Brandenburg in GrunheideTesla Gigafactory opening day, Gruenheide, Germany - 22 Mar 2022.
Action Press/Shutterstock / Action Press/Shutterstock

Tesla CEO Elon Musk finally got the one thing he wanted — a meeting at the White House. The Biden Administration held meetings with several executives, including Musk and General Motors CEO Mary Barra to discuss electric vehicles (EVs) and charging stations on April 6.

See: Musk Overtakes Bezos to Top Forbes’ Billionaire List for 2022
Find: Elon Musk Joins Twitter Board of Directors

“There was broad consensus that charging stations and vehicles need to be interoperable and provide a seamless user experience, no matter what car you drive or where you charge your EV,” The Biden administration said in a statement, according to Reuters.

Last August, President Joe Biden signed an executive order, setting a new target of electric vehicles representing half of new vehicles sold in 2030, according to the White House.

“The future of the auto industry is electric — and made in America. Today, I’m signing an executive order with a goal to make 50% of new vehicles sold by 2030 zero-emission — and unveiling steps to reverse the previous administration’s short-sighted rollback of vehicle standards,” Biden tweeted at the time.

A slew of carmakers responded to the announcement, including Ford, GM and Stellantis, as GOBankingRates previously reported.

Make Your Money Work Better for You

“Yeah, seems odd that Tesla wasn’t invited,” Musk tweeted at the time.

Other attendees at the April 6 meeting included Ford Motor Chief Executive Jim Farley, Chrysler-parent Stellantis CEO Carlos Tavares, Lucid CEO Peter Rawlinson and Nissan Americas chair, Jeremie Papin, CNBC reports.

The Bipartisan Infrastructure Bill, signed into law last year includes $7.5 billion to build out a nationwide network of 500,000 electric vehicle chargers.

See: The 6 Most Affordable Electric Vehicles
Find: Looking To Sidestep Gas Prices? Expect Long Delays for New Electric Vehicles

Of these funds, $4.75 billion will be distributed by formula to states, and an additional $2.5 billion will be distributed through a competitive grant program that will support innovative approaches and ensure that charger deployment meets Administration priorities such as supporting rural charging, improving local quality and increasing EV charging access in disadvantaged communities, the Transportation Department said in a press release in February.

More From GOBankingRates

Share this article:

Make Your Money Work Better for You

About the Author

Yaël Bizouati-Kennedy is a full-time financial journalist and has written for several publications, including Dow Jones, The Financial Times Group, Bloomberg and Business Insider. She also worked as a vice president/senior content writer for major NYC-based financial companies, including New York Life and MSCI. Yaël is now freelancing and most recently, she co-authored  the book “Blockchain for Medical Research: Accelerating Trust in Healthcare,” with Dr. Sean Manion. (CRC Press, April 2020) She holds two master’s degrees, including one in Journalism from New York University and one in Russian Studies from Université Toulouse-Jean Jaurès, France.
Learn More