reuters.com/business/environment/biden-administration-leans-tesla-guidance-renewable-fuel-policy-reform-2022-06-23
U.S. President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. Mr Biden has said he wants to focus on jobs and the economy. He has also said he doesn't want Tesla to be a distraction from his agenda.

The Biden administration contacted Tesla on its first day in office, marking the start of a series of meetings. Expanding the scope of the U.S. Renewable Fuel Standard (RFS) to make it a tool for electrifying the nation's automobile fleet is one of Biden's priorities in the fight against climate change.

The White House's outreach to Tesla also shows that, despite a public grudge match between Biden and Tesla founder Elon Musk, the Biden team tried early on to involve the carmaker in one of its key policy pushes. Until now, it has been primarily a subsidy for corn-based ethanol.

Biden has set a target to make half of all new vehicles sold in 2030 zero-emissions vehicles. The U.S. Environmental Protection Agency is expected to unveil proposed changes to the RFS this year. Early signs are that the administration is leaning toward a rule that benefits carmakers like Tesla.
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