The infrastructure bill will make Elon Musk even richer than he already is

Published November 25, 2021 5:00am ET



Elon Musk, the CEO of Tesla and SpaceX, must think he’s the luckiest man alive. Politicians in Washington, especially on the Left, constantly inveigh about how he and other billionaires need to pay their “fair share” in taxes. However, the recently passed infrastructure bill suggests some of those same politicians want Musk to be even richer than he already is. His net worth is more than $300 billion.

One of the things the infrastructure bill proposes is to build recharging stations to the tune of $7.5 billion. Musk happens to own Tesla, the most prolific manufacturer of electric vehicles on the planet. The current dearth of electric charging stations is one thing that keeps several people from going electric. However, if drivers know they can charge their EVs anywhere they go, they will be more likely to buy one. Tesla would be more than happy to sell at a reasonable price.

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