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Tesla Stock Risks 52% Profit Hit As Trump Targets EV Tax Credit

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Tesla stock risks are mounting right now as the electric vehicle giant faces an unprecedented threat to its profitability. The potential EV tax credit removal under Trump’s administration could slash Tesla’s earnings by a staggering 52%, according to JPMorgan analyst estimates. At the time of writing, the Elon Musk Trump feud has already sent shares tumbling 8% in June alone, and this highlights Tesla stock valuation concerns across the electric vehicle market. With Tesla trading at 166 times forward earnings versus the S&P 500’s 22 times, investors are questioning whether the company’s premium remains justified anymore. Also Read: Elon Musk’s xAI Taps Morgan Stanley for $5B Debt Amid Trump Feud Tesla Stock Volatility Grows Amid EV Tax Credit Removal And Musk-Trump Feud Source: Bitcoin.com EV Subsidies Drive Half Of Tesla’s Profits The Tesla stock susceptibility is likely to be more exposed because recent research shows that the company is in a hazardo...

Jim Cramer All In On Tesla (TSLA)? Here's What He Said About The Stock

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It has been a rather troublesome year for a host of the top companies in the United States. Indeed, volatility has stagnated prices, with the Magnificent 7 looking to find their footing amid a hopeful turnaround. In a recent appearance, Jim Cramer discussed one such company, Tesla (TSLA), and what could be in store for the stock. Cramer has long been one of the more divisive presences in the finance sector. A key face of CNBC, his opinions on the stock and financial markets are always noteworthy for what they may, or may not, mean. So, what exactly does Cramer have to say about the Elon Musk-led EV manufacturer? Source: Market Watch Also Read: Jim Cramer’s Take on Nvidia and 2 Must-Buy Stocks for 2025 Jim Cramer Speaks on Tesla: What to Know The United States’ financial markets had a tough go of it on Wednesday. The US stock market, bonds, and dollar were all down as they looked to rebound Thursday. Indeed, the Dow Jones Index dropped 800 points as all eyes were on what’s ne...

Tesla (TSLA) Stock Drops for 5th Straight Day as OpenAI Bid Worry's Experts

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What has been a year of challenges continues for one of the largest EV manufacturers in the world. Indeed, Tesla (TSLA) stock is set to fall for the 5th consecutive day as CEO Elon Musk’s most recent bid to purchase ChatGPT developer OpenAI has worried investors. The stock has certainly struggled to gain footing early this year, with analysts lowering expectations. According to one Oppenheimer analyst, the recent call to purchase the AI powerhouse was viewed as “a distraction from TSLA’s challenges” as worry persists. Tesla Stock Keeps Falling as Analysts Are Unimpressed by Latest Move Source: Samuel Corum / Getty Images Also Read: Tesla (TSLA) Stock Will be Driven by This Key Product in 2025 Entering the year, few companies had as high a potential ceiling as Tesla did. The stock price surged in the final months of 2024. Moreover, Elon Musk positioned himself as the incoming administration of newly elected US President Donald Trump. Yet, the company has not only ...