Reported 5 months ago
Tesla CEO Elon Musk's support for Donald Trump's second presidential campaign has left Wall Street divided on whether it would benefit or harm the electric vehicle maker. The debate centers around the potential rollback of EV tax credits under a Trump administration, with some analysts believing it could help Tesla maintain its technological lead, while others see it as a negative impact on the affordability of Tesla vehicles. Trump's proposed tariffs on Chinese imports and his past erratic behavior towards the auto industry are also factors influencing Wall Street's view on Tesla's future under a second Trump presidency.
Source: YAHOO