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President Joe Biden Finally Acknowledges Tesla When It Comes To Future Of EVs...Well, Sort Of

The subtle and indirect acknowledgement came hidden in a $Twitter (Delisted)(TWTR.US)$ post on Wednesday evening in which Biden said "electric vehicles are the future." $Tesla(TSLA.US)$

Biden’s post shared plans to create jobs, boost manufacturing in the U.S., offer consumer rebates to let people buy American-made, union-made electric vehicles under his Build Back Better Act and the Bipartisan Infrastructure Law.
President Joe Biden Finally Acknowledges Tesla When It Comes To Future Of EVs...Well, Sort Of
Biden’s message accompanied a 11 second video with a fleeting glimpse of a Tesla vehicle that makes an appearance at around four seconds. The quick video tracks the evolution of the U.S. auto industry from the inception when it was powered by gas engines to all the years now.

It soon changes track to showcase the switch to electric vehicles with an image of a stationary Tesla vehicle getting charged. The clip ends with Biden trying out the $Ford Motor(F.US)$ soon-to-be launched electric truck F-150.

Why It Matters: The development comes close on the heels of Musk coming out against Biden’s upcoming infrastructure bill, calling it insane and how the enormous spending would lead to a $3 trillion deficit.
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