• One of the Koch brothers wants to put the kibosh on a tax cut that helps Tesla

    5 monthes ago - By Business Insider

    Charles Koch, a billionaire mega-donor known for helping conservative policymakers, has been lobbying against a Tesla -friendly tax-cut extension, according to Bloomberg.
    Republican Sen. Dean Heller of Nevada proposed earlier this month to lift the current cap on electric vehicles eligible for tax credits but to phase out the credit for the entire industry in 2020.
    Tesla, whose Gigafactory is located in Nevada, has lobbied Congress to lift a cap on electric vehicles, according to Reuters.
    Watch Tesla trade live here.
    The billionaire mega-donor Charles Koch, one of the two Koch brothers who...
    Read more ...