Reported about 8 hours ago
Tesla's stock fell nearly 3% following President Trump's revocation of the electric vehicle (EV) mandate on his first day in office, part of a broader move to eliminate what he deemed 'unfair subsidies.' This decision follows a period of significant gains for Tesla, but other EV manufacturers faced steeper declines, while traditional automakers saw stock increases. Analysts suggest that while this shift may pose challenges for the EV industry, it could create new opportunities for Tesla in the autonomous vehicle market.
Source: YAHOO