Tesla's post-election surge has added nearly $250 billion to the EV maker's value, sparking concerns on Wall Street. Shares have jumped over 30% since Trump’s victory, but a 28% downside looms. Musk’s backing of Trump could foster regulatory advantages, but skeptics note Trump’s critical stance on EVs. Some policies under Trump may aid Tesla, like eased self-driving regulations, yet risks include trade tensions with China and potential changes to the Inflation Reduction Act.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla's post-election surge has added nearly $250 billion to the EV maker's value,
00:08sparking concerns on Wall Street.
00:10Shares have jumped over 30% since Trump's victory, but a 28% downside looms.
00:16Musk's backing of Trump could foster regulatory advantages,
00:19but skeptics note Trump's critical stance on EVs.
00:22Some policies under Trump may aid Tesla, like ease self-driving regulations,
00:27yet risks include trade tensions with China and potential changes to the Inflation Reduction Act.
00:32For all things money, visit Benzinga.com slash GSTV.