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[ Wed, Nov 27th 2024 ]: Thomas Matters

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Tesla Stock And Trump: Risks Galore

  Copy link into your clipboard //stocks-investing.news-articles.net/content/2024/11/27/tesla-stock-and-trump-risks-galore.html
  Print publication without navigation Published in Stocks and Investing on , Last Modified on 2026-04-17 15:55:36 by Thomas Matters

While long-term investors appear to see substantial upside for Tesla from a Trump presidency, we'd be much more circumspect about Tesla stock at current levels.

The article from Forbes discusses the potential risks facing Tesla, Inc. as of November 26, 2024, particularly in relation to former President Donald Trump's possible return to office. Key points include Trump's historical criticism of electric vehicles (EVs) and his administration's policies that could negatively impact the EV market. Trump has previously expressed skepticism about EVs, suggesting they are not practical for widespread use and has advocated for policies favoring traditional automotive industries. If Trump were to win the 2024 election, there could be a rollback of EV incentives, stricter regulations on EV production, and a potential trade war with China, which is a significant market for Tesla. Additionally, Tesla faces other challenges like increased competition, production issues, and market saturation. The article suggests that while Tesla has shown resilience, these political and market dynamics pose significant risks to its stock performance.

Read the Full Forbes Article at https://www.forbes.com/sites/greatspeculations/2024/11/26/tesla-stock--trump-risks-galore/