Which Presidential choice is better for Tesla’s future?

Tesla’s next four years could be decided during Election Day as voters make their way to the polls. Both Presidential candidates have their own distinct advantages and disadvantages in terms of what they could offer Tesla and the entire EV manufacturing sector as a whole within the next few years. However, it comes down to which candidate is more believable. We all know that politicians are a lot of talk and relatively abysmal amounts of what they say actually happens.

For starters, I am completely undecided about this year’s election. Personally, I wouldn’t say I like talking about politics because I feel that people get incredibly ugly when talking about this subject in particular. However, I also think it is essential as a writer who focuses on electric vehicles to highlight what each candidate could offer Tesla. It is not a cookie-cutter scenario here, and quite frankly, both candidates offer substantial benefits.

It seems that Donald Trump’s advantages lean more toward Tesla’s growth in the United States through manufacturing and job creation. Everyone knows “Make America Great Again” and how Trump wanted to recreate the American manufacturing surge that was so dominant in the 20th century. With Tesla planning Giga Texas and what seems to be a few more production plants in the United States within the next few years, there is a chance that Tesla could widely benefit from the views of the current president. While that may be a stretch for some, it is the truth.

FactCheck.com estimates that the Trump campaign has created 6,688,000 jobs so far through his term. That’s a lot of new employment opportunities for people. However, in terms of sustainability, Trump lost 62,000 jobs because of solar tariffs, which is a significant loss for the Earth-friendly energy sector, and it has been a needle in my side in terms of giving him my vote. You can’t say you’re going to create jobs, then lose 62,000 of them because of a Chinese tariff. On top of it, he’s a big supporter of “clean coal,” which isn’t real, because coal isn’t clean.

Additionally, I’m not wholly convinced that Trump would be a great benefactor to the movement of sustainable energy. While I know he’s supported Tesla and Musk in the past, and he also pushed for the Fremont facility to reopen amid the pandemic, which is arguable, there are a lot of jobs in Natural Gas, Coal, and Oil. They bring a lot of money in, and they create employment opportunities. However, they’re not great for the environment, and that’s something that I have a big problem with, personally.

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Biden, indeed, is the more environmentally-friendly choice between the two candidates. He has a laid-out plan for climate change, and he is a supporter of clean energy. One thing I like about him is that he is not denying that climate change is a threat to human existence, and I feel that whoever gets into office over the next two terms is going to have a real problem on their hands if they do not confront this issue head-on. I like that Biden has a specific plan to penalize the big polluters and hold them accountable for the environmental issues they have laid upon the Earth for revenue.

Biden also has a net-zero carbon goal by 2050, which many automotive companies have adopted in 2020. The big key with this is holding companies accountable and doing annual or even bi-annual check-ins to make sure they’re taking steps to work toward becoming cleaner.

Biden also has a plan to create 10 million clean energy jobs in the U.S. over the course of his term. This is an astounding number, but it will take a lot of work to create that many jobs in one sector in four years. So I have a little bit of trouble believing it.

One thing I found sort of humorous about Biden is the video clip he uploaded to Twitter in early August. While sitting in a Stingray, he says that EVs are the future of transportation and that he hopes they make an all-electric version of the Corvette variant. I found this sort of counterproductive, and I got a good chuckle out of it. Nothing says you love sustainability like sitting in a car that gets 12 MPG!

Either way the cookie crumbles in November, both candidates have their own advantages in terms of what they can do for EVs. Tesla being an American-based EV maker, holds to gain, or lose, the most from the election in terms of the potential of the sector in the coming years. Depending on who you ask, both candidates are the “best” for the job. Still, whichever party really ends up helping Tesla and sustainability could hold the Presidency for years to come, as environmentalism is growing and becoming a more critical issue every year.

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I use this newsletter to share my thoughts on what is going on in the Tesla world. If you want to talk to me directly, you can email me or reach me on Twitter. I don’t bite, be sure to reach out!

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