Reported 16 days ago
Elon Musk's backing of Donald Trump’s presidency is seen as a strategic move that could greatly benefit Tesla. Analyst Dan Ives highlights potential advantages for the electric vehicle giant, including favorable changes to EV tax credits, expedited projects like the Cybercab, and the easing of regulatory challenges. Musk's influence in the White House could lead to significant advancements in the tech sector, particularly in autonomous technology, marking a 'Goldilocks scenario' for investors.
Source: YAHOO