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Tesla Rebounds 4% in Morning Trading. Analyst Weighs In the Impact of Presidential Election on Tesla Stock

Wedbush analyst Daniel Ives thinks one might not necessarily be tied to the other.“We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats,” Ives noted.Tesla’s unmatched scale and reach in the industry could provide the company with a “clear competitive edge,” especially against a backdrop of no EV subsidies. Additionally, anticipated higher tariffs o

Tesla Rebounds 4% in Morning Trading. Analyst Weighs In the Impact of Presidential Election on Tesla Stock

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Analyst Weighs In the Impact of Presidential Election on Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2481561186","media":"Tiger Newspress","summary":"Wedbush analyst Daniel Ives thinks one might not necessarily be tied to the other.“We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats,” Ives noted.Tesla’s unmatched scale and reach in the industry could provide the company with a “clear competitive edge,” especially against a backdrop of no EV subsidies. Additionally, anticipated higher tariffs o","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> is one stock that’s likely to be impacted by the outcome of this week’s biggest event: the U.S. Presidential Election.</p><p>Shares of Tesla stock jumped 4% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3648fc061676209ae9fd62feaf0e6557\" tg-width=\"819\" tg-height=\"837\"/></p><p>Tesla’s CEO, Elon Musk, is closely tied to Trump, having made huge donations to his campaign, while he has shown his support both out in the field and on X, the social media platform he owns.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/248a6a8005920469b0053b7150177093\" title=\"\" tg-width=\"750\" tg-height=\"406\"/></p><p>However, Trump is known for his critical stance on the EV industry. While he owes Musk a debt of gratitude for his support, the question remains: what would a Trump victory mean for the EV industry as a whole, and for Tesla specifically?</p><p>Wedbush analyst Daniel Ives thinks one might not necessarily be tied to the other.</p><p>“We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats,” Ives noted.</p><p>Tesla’s unmatched scale and reach in the industry could provide the company with a “clear competitive edge,” especially against a backdrop of no EV subsidies. 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Analyst Weighs In the Impact of Presidential Election on Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-05 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> is one stock that’s likely to be impacted by the outcome of this week’s biggest event: the U.S. Presidential Election.</p><p>Shares of Tesla stock jumped 4% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3648fc061676209ae9fd62feaf0e6557\" tg-width=\"819\" tg-height=\"837\"/></p><p>Tesla’s CEO, Elon Musk, is closely tied to Trump, having made huge donations to his campaign, while he has shown his support both out in the field and on X, the social media platform he owns.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/248a6a8005920469b0053b7150177093\" title=\"\" tg-width=\"750\" tg-height=\"406\"/></p><p>However, Trump is known for his critical stance on the EV industry. While he owes Musk a debt of gratitude for his support, the question remains: what would a Trump victory mean for the EV industry as a whole, and for Tesla specifically?</p><p>Wedbush analyst Daniel Ives thinks one might not necessarily be tied to the other.</p><p>“We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats,” Ives noted.</p><p>Tesla’s unmatched scale and reach in the industry could provide the company with a “clear competitive edge,” especially against a backdrop of no EV subsidies. Additionally, anticipated higher tariffs on Chinese imports could further limit the influx of affordable EVs from Chinese companies like BYD and Nio, helping Tesla hold on to its leading position in the U.S. market.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4585":"ETF&股票定投概念","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4588":"碎股","BK4550":"红杉资本持仓","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","BK4574":"无人驾驶","BK4551":"寇图资本持仓","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4099":"汽车制造商","TSLA":"特斯拉","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4548":"巴美列捷福持仓","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0056508442.USD":"贝莱德世界科技基金A2"},"source_url":"https://www.tipranks.com/news/what-will-a-trump-win-mean-for-tesla-stock-daniel-ives-weighs-in?utm_source=itigerup.com&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481561186","content_text":"Tesla is one stock that’s likely to be impacted by the outcome of this week’s biggest event: the U.S. Presidential Election.Shares of Tesla stock jumped 4% in morning trading.Tesla’s CEO, Elon Musk, is closely tied to Trump, having made huge donations to his campaign, while he has shown his support both out in the field and on X, the social media platform he owns.However, Trump is known for his critical stance on the EV industry. While he owes Musk a debt of gratitude for his support, the question remains: what would a Trump victory mean for the EV industry as a whole, and for Tesla specifically?Wedbush analyst Daniel Ives thinks one might not necessarily be tied to the other.“We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats,” Ives noted.Tesla’s unmatched scale and reach in the industry could provide the company with a “clear competitive edge,” especially against a backdrop of no EV subsidies. Additionally, anticipated higher tariffs on Chinese imports could further limit the influx of affordable EVs from Chinese companies like BYD and Nio, helping Tesla hold on to its leading position in the U.S. market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":26,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}