“Tesla will be viewed as past their peak and will start to go down unless they can come up with a whole range of new products that will really excite consumers, and unless.
They can mitigate some of the antagonism caused by their leader,” he said. According to some observers, Trump’s presidency is generally bad for electric cars but good for Tesla.
According to Investor’s Business Daily, JPMorgan predicted in early January that around 40% of Tesla’s earnings would be at risk after Trump’s inauguration.
Trump’s plans to eliminate EV tax credits and subsidies are being considered here. “Tesla does not appear to us on track to dominate the global.
Auto industry amidst the electrification transition, which we view as only the starting point for present valuation,” Ryan Brinkman, an analyst at JPMorgan, said.
