Trump stated that he will not take any actions against the federal subsidies that Elon Musk's companies receive, intending for Musk to prosper. However, Musk disputed the existence of these subsidies, asserting that "the 'subsidies' he's talking about simply do not exist." He emphasized that the clean energy incentives have been removed while oil and gas subsidies remain intact, impacting Tesla's sales due to the removal of the $7,500 EV credit.
Those companies came and it gave us a completely different type of industry and manufacturing for our community, suggesting the transformative potential of these investments.
The federal government subsidizes over 5 million affordable housing units nationwide, but many cities face potential losses of these subsidies, impacting low-income families.