It's that time.

Lock and load.

The Michael Vary Show is on the air.

Okay, a detail that needs to be considered that was not shared with me by the individual who gave me those high prices was it was parents weekend at Texas.

So that does make a difference.

Under the headline from the Wall Street Journal, why Tesla supports

eliminating the electric vehicle tax credit? That's right. Elon Musk supports eliminating the

$7,500 EV tax credit. You may not have known that.

Once President-elect Trump takes office in January, his administration will move quickly to end the tax credit of up to $7,500 that made it cheaper for Americans to buy electric vehicles,

according to several media reports.

To make electric vehicles less competitive with gas-powered cars, which is the Trump administration's

goal, the removal of the incentive, quote, could derail the trajectory of EV sales in the U.S.,

the head of Insights for Edmonds.com, Jessica Caldwell, wrote in a note last week.

But here's the important part. That trajectory was already on a downward trend due to the high prices of EVs and a lack of charging infrastructure nationwide.

An auto industry trade group, the Alliance for Automotive Innovation, called on Congress

prior to the election to keep the tax credits around since they are, quote, critical to

cementing the U.S. as a global leader, end quote, in auto production.

But that trade group does not represent Tesla, the biggest EV seller in the United States, by a long shot.

Take it from the CEO. Tesla wants them to end. Following the initial Reuters report

that Trump would move to eliminate the credits, Musk posted on X, quote, in my view, we should

end all government subsidies, including those for EVs, oil, and gas. Why would that be?

Tesla has a dominant position over EV automakers in the U.S., and removing the credit would further

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