Reported 1 day ago
Tesla's stock has recently faced volatility due to ongoing political tensions between CEO Elon Musk and President Trump concerning a new tax bill. Musk's criticism of the bill, which threatens federal EV tax credits vital for Tesla's sales, has led to significant market reactions, including a record drop in value. As Trump's legislation could benefit competitors while harming Tesla's pricing strategy and energy division, investors must prepare for continued fluctuations tied to political developments and corporate earnings.
Source: YAHOO