Musk's Political Gamble Backfires - EV Competitors Could Gain Big
Tesla faces policy headwinds while competitors positioned for market share gains
Happy Saturday,
Elon Musk's announcement of forming the "America Party" political movement has drawn sharp criticism from President Trump and further alienated potential customers.
Trump's recently passed tax legislation eliminates the $7,500 EV tax credit that supported Tesla sales, while also ending the regulatory credit system that contributed significantly to Tesla's profitability. Access full story here.
-Christopher
P.S. EV competitors could gain market share as Tesla faces this double blow from policy changes. You really need to read this before it's too late.