Elon Musk's Trump Endorsement Sparks Concerns Over Tesla's Future
Musk's political stance raises questions on EV subsidies, market strategy, and brand perception amid a potential second Trump presidency.
- Musk claims ending EV tax credits would hurt competitors more than Tesla.
- Tesla's sales and profit margins are declining despite price cuts and rising interest rates.
- Ford remains committed to EV strategy regardless of election outcomes.
- Musk's endorsement of Trump risks alienating Tesla's core Democratic customer base.
- Potential tariffs on Mexican-made vehicles could impact Tesla's expansion plans.