Trump is putting Tesla’s $2.8 billion side hustle under threat. Tesla has made billions of dollars selling regulatory credits to rivals in the past decade. Under Trump that income stream could grind to a halt. Tesla could also be stung by Trump’s proposed tariffs on China according to Tesla’s CFO.
Source: mafco
4 Comments
I am surprised Musk and Trump have yet to have a spectacular falling out.
Tesla stock value does not reflect their revenue…Its should be worth around $50 a share…If chinese made EV are allowed to enter the US on a level playing field Tesla will get destroyed.
But the millions tesla isn’t paying in taxes should balance the equation
In tomorrow’s news:
> Musk fires Tesla CFO.