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Elon Musk slams Joe Biden after SpaceX sends civilians to orbit

After Saturday's successful splashdown of SpaceX's Inspiration4 mission, which carried four tourists on a three-day orbital mission, Elon Musk made fun of President Joe Biden on social media over the weekend.

When someone on Twitter inquired as to why Biden had failed to recognize the achievement, Musk responded with some choice words. Musk is the CEO of SpaceX and Tesla.

"He's still sleeping," Musk responded in a tweet sent out late Sunday afternoon, echoing the insult leveled at Biden by former President Donald Trump, who referred to him as "Sleepy Joe" during his campaign.

In a subsequent tweet, someone else used an image from the film "Alien," labeling it as "UAW" and the astronaut who is being grabbed as "Biden," and referring to the victim as "Biden." Musk responded with a tweet that said, "Seems that way." Musk has since deleted the tweet. Musk has been embroiled in a legal battle with the United Auto Workers union, which has so far been unsuccessful in its efforts to organize workers at Tesla's factories.

Bill Nelson, the former senator who was appointed by Vice President Biden to be NASA administrator, sent out a number of tweets of congratulations during and after the SpaceX flight.

"Congratulations to #Inspiration4 on your success! With today's splashdown, you've contributed to demonstrating that low-Earth orbit is a viable business destination "Nelson posted a tweet on Saturday.

"Low-Earth orbit is now more accessible for more people to experience the wonders of space," he wrote on Twitter last week after the spacecraft successfully launched into orbit. "It is with great anticipation that we look forward to a future in which NASA is just one of many customers in the commercial space market. Moving forward and upward."

Musk has benefited from Biden's support

In a number of ways, the Biden administration has been extremely helpful to Musk's businesses and venture capitalists. NASA has awarded SpaceX contracts to deliver supplies to the International Space Station as well as US astronauts to the space station. Many of the contracts were awarded prior to Biden taking office, but the company has received additional NASA contracts this year. Although Blue Origin, the rocket company led by Amazon founder Jeff Bezos, which had also applied for the contract, protested, the company was awarded the $2.9 billion NASA contract in April to build spacecraft that will land astronauts on the moon for the first time in 50 years, despite the company's protests.

Other automakers who were not complying with stricter emission regulations were able to purchase regulatory tax credits from Tesla (TSLA), which has greatly benefited the company. Tesla, which only sells electric vehicles, has an excess supply of credits that can be sold to customers. It is possible that the value of those credits will increase if the Biden administration tightens emissions regulations as it has proposed to do.

Tesla would have never made a profit until the most recent quarter if it hadn't received the proceeds from the sale of those credits, and the credits also assisted the company in funding its early operations when it was still losing money.

Tesla has also benefited in the past from a $7,500 tax credit available to buyers of electric vehicles, which allowed the company to charge higher prices for its vehicles.

Because of the large number of plug-in vehicles manufactured by Tesla and General Motors that have been delivered in the past, buyers of these vehicles no longer qualify for the tax credit.

A $7,500 tax credit for buyers of electric vehicles — regardless of who built them — has been proposed by Vice President Joe Biden, which would be a boon for Tesla. However, there would be restrictions on how much could be claimed, as well as on the price of the vehicle and the income of the buyer, so it would not necessarily apply to all Tesla sales.

According to language in a version of the legislation that passed the House Ways and Means committee last week, electric vehicles manufactured with union labor would receive an additional $4,500 tax credit, and electric vehicles with batteries manufactured in the United States would receive an additional $500 tax credit. Despite the fact that Tesla manufactures its batteries in the United States, the company is not a member of a labor union.

In Conclusion

Tesla was reportedly not invited to a White House event with Vice President Joe Biden, where he announced plans to toughen emission regulations and called for ambitious goals to shift from gasoline-powered cars to electric vehicles. This was reportedly due to Tesla's nonunion status. Representatives from General Motors (GM), Ford (F), and Stellantis, all of which employ unionized workers, as well as representatives from the United Auto Workers union, all appeared.

Since taking office, Biden, who is widely regarded as one of the most union-friendly presidents in history, has worked to keep the United Auto Workers (UAW) supportive of the push for electric vehicles, despite concerns within the union that a switch to EVs could result in the loss of some jobs because they require as much as one-third less hours of labor to assemble because they have fewer moving parts.

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