If Donald Trump becomes the U.S. President again, $Tesla Motors(TSLA)$ stock could surprisingly benefit from his presidency. According to Dan Ives of Wedbush Securities, a Trump administration would likely create a more relaxed regulatory environment, which could boost Tesla's growth, particularly in autonomous driving technology.
Additionally, Elon Musk's reported relationship with Trump could give Tesla an edge over its competitors. Musk has even hinted at possibly taking on an advisory role in a potential Trump administration, which could grant him significant influence over policy decisions.
Here are some potential benefits for Tesla under a Trump presidency:
- *Relaxed Regulations*: Trump's administration might relax safety rules for fully autonomous vehicles, accelerating Tesla's progress in self-driving technology.
- *Domestic Manufacturing*: Tesla's strong domestic manufacturing presence aligns well with Trump's "America First" policies, potentially leading to favorable treatment or incentives
- *Trade Policies*: Trump's critical stance on China could indirectly benefit Tesla, which has been expanding its production capabilities in the U.S. and other regions. The heavy Tariffs on EV will benefit Tesla.
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