Reported about 1 month ago
Tesla's success in China, where it has gained significant market share and control over its factory operations, could be jeopardized if Donald Trump wins a second term as President. Trump's proposed tariffs and trade war could threaten Tesla's competitive edge amid rising local rivals. Additionally, Musk's political alignment with Trump may complicate relations with Chinese officials, as they attempt to navigate the tensions between the U.S. and China. Analysts suggest that while there could be opportunities in Trump's leadership for strategic deals, the uncertain political landscape could overshadow Tesla's operations and expansion plans in China.
Source: YAHOO