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Musk-Trump blowup adds to headwinds for Tesla, EV sector
"Elon is upset because we took the EV mandate ... which was a lot of money for electric vehicles," Trump said Thursday in the Oval Office. "They're having a hard time, the electric vehicles. And they want us to pay billions of dollars in subsidy. And, you know, Elon knew this from the beginning."
If the Senate were to pass it with those repeals in tact, it could have a devastating impact on Tesla’s energy division.
The world's richest man is seeking to kill the GOP's top legislative priority, which contains provisions that would hurt his ...
Despite intensifying competition in the EV space, Tesla, Inc.’s profitability remains robust. Click here to find out why TSLA ...
Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now ...
Tesla's market share in China's EV sector has plummeted as local competitors like BYD and Xiaomi challenge its dominance, ...
Hints of the blowup were seen last week when Tesla Energy posted that “abruptly ending the energy tax credits would threaten America’s energy independence and the reliability of our grid.” ...
The property housed a Baxter Auto Parts store that closed last year.
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