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.

Overview

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.