What Trump's Presidency Could Mean for Tesla and Other Electric Vehicle Makers
The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice economic growth and loosen regulations. Electric vehicle makers, however, face a hazier outlook than most other businesses.
The Future of Electric Vehicles Under Trump
Although Trump has promised to “end the electric vehicle mandate on day one” of his presidency, his close relationship with Tesla CEO Elon Musk could affect how the next administration treats EVs. In fact, Trump has explicitly said he “has to be” in favor of electric cars because “Elon endorsed me very strongly.”
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Tesla is likely to thrive in a Trump administration. These are the ways these analysts see it happening.
Analysts at Deutsche Bank set out to explain how exactly they see Tesla benefiting from a Trump administration, given the close association of Chief Executive Elon Musk and Trump, Vice President-elect J.
Trump may bring ‘large terminal value benefits’ for Tesla, says Deutsche
Deutsche Bank says the magnitude of Tesla’s (TSLA) post-election over the past week has been surprising. Since election night, Tesla has
Tesla’s Trump
With Trump in office, even more creative policies and support structures that could directly or indirectly benefit Tesla may be on the table.
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