What Tesla Could Lose Or Gain If Trump Becomes US President

11/5/2024 2:05:14 PM

(MENAFN- Investor Brand Network) The ongoing U.S. elections
could be a turning point
for American electric vehicle firm Tesla and its controversial CEO Elon Musk. The billionaire has thrown his support behind presidential candidate Donald trump and has reportedly spent more than a million dollars on Trump's campaign. With Trump
reversing his previously antagonistic stance
on battery electric vehicles (BEVs) in light of Musk's endorsement, the assumption is that a second Trump presidency would be beneficial to Tesla.

However, the situation is a lot more complicated than that. A Trump administration would probably do its best to lower federal electric vehicle...

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