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this post was submitted on 28 Nov 2024
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This is why Elonia is asking trump to impose tariffs on Canada and Mexico. Other car manufacturers started biting into Tesla market share this year.
Poor Queen Elonia.
He want to add tarrifs and he is also asking Trump to remove government subsidies on new EV purchases, raising the barrier to entry in the US for EVs
There's no way he's asking for that. If you can find a source for that claim I'd love to see it. But it's about the dumbest thing musk could do.
https://www.investopedia.com/tesla-and-other-ev-stocks-drop-on-reports-trump-team-plans-to-kill-tax-credit-8745691
Wow... Well I maintain that is about the dumbest thing he could do, but I apologize for doubting you.
It's a good way to make money by shorting his competitors' stocks.