Trump's DOGE Co-Lead Elon Musk Slams $10 Billion USPS EV Program: 'This Is A Crazy Price Per Truck'

Trump’s Department of Government Efficiency Co-Lead and CEO of Tesla Inc. (NASDAQ:TSLA), Elon Musk, expressed skepticism about the cost of electric vehicles for the U.S. Postal Service.What Happened: On Friday, Musk reacted to a post by Sawyer Merritt regarding a $10 billion program aimed at purchasing electric vehicles for the USPS. Merritt highlighted that the initiative is significantly delayed, with defense contractor Oshkosh failing to reveal substantial manufacturing issues for over a year. The USPS has only received 93 trucks, far short of the 3,000 initially anticipated. Musk commented, “That is a crazy price per truck,” reflecting his surprise at the program’s cost.Full story available on Benzinga.com

Trump’s Department of Government Efficiency Co-Lead and CEO of Tesla Inc. TSLA , Elon Musk , expressed skepticism about the cost of electric vehicles for the U.S.

Postal Service. What Happened : On Friday, Musk reacted to a post by Sawyer Merritt regarding a $10 billion program aimed at purchasing electric vehicles for the USPS. Merritt highlighted that the initiative is significantly delayed, with defense contractor Oshkosh failing to reveal substantial manufacturing issues for over a year.

The USPS has only received 93 trucks, far short of the 3,000 initially anticipated. Musk commented, “That is a crazy price per truck,” reflecting his surprise at the program’s cost. That is a crazy price per truck https://t.

co/DnsD9uZN7B See Also: Tesla Is Analyst’s Top 2025 Stock Pick: Elon Musk Political Involvement May ‘Accelerate’ EV Maker Beyond Autos Why It Matters: The post also mentioned that the transition team of President-elect Donald Trump is contemplating canceling the contract to acquire over 60,000 more electric vehicles for the USPS. Musk’s reaction indicates his concern over the financial aspects of the program. As per the Washington Post, the project was bolstered by $3 billion from the 2022 Inflation Reduction Act, a major legislative success for Biden.

However, the delays now threaten the program’s role in the administration’s climate agenda. During a recent hearing, House Oversight and Reform Committee Chairman James Comer (R-Kentucky) expressed concerns about potential reforms and the future of the allocated EV funds, emphasizing the end of “bailouts and handouts.” Musk has been critical about government spending for a long time.

Recently, he voiced strong criticism against the F-35 stealth fighter program, advocating for drones over manned fighter jets. Read Next: Trump Humorously Calls Justin Trudeau As ‘Governor’ Days After Floating Idea Of Canada Dodging Tariffs As 51st State Of America Disclaimer : This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors. Image via Shutterstock © 2024 Benzinga.

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