Trump's Plan to End EV Tax Credit

President-elect Donald Trump and his transition team are reportedly planning to end the $7,500 EV tax credit. This news has caused Tesla and other EV stocks to drop. However, analysts believe that Tesla may actually benefit from the discontinuation of the tax credit in the long run, as it will enable them to further fend off competition from Detroit. They also believe that Trump could launch other incentives and programs to support U.S. built EVs, in which Tesla and Elon Musk may have a significant role. Overall, the analysts recommend buying Tesla shares despite the initial sell-off.

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- ANDREAN SYAHPUTRAANDREAN SYAHPUTRA
  ·2024-11-16
  good job hegwpuay hdrjvcx
  1.47K Comment
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- a4xrbj1a4xrbj1
  ·2024-11-15
  What a rubbish article. Many people lost money as stock pumpers and stupid journalists write up a stock that is as far removed from financials as the Earth is from the money. Not one sentence of caution, just blatant clickbait.
  Sorry, this post has been deleted
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- ikoolikool
  ·2024-11-15
  Trump not aware on report o axe EV credtits.
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- SujonSujon
  ·2024-11-15
  I have lost so much, now I very angry on TESLA
  Sorry, this post has been deleted
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- ThorLightThorLight
  ·2024-11-15
  Electrification of public and private transport is aligned to "Making a Country great" and sustainability agenda. But randomness seems to be ruling the country soon.
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
  Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
  2.18K Comment
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- AhmbisAhmbis
  ·2024-11-15
  Wow, Tesla wil dominate Ev mkt and stifle the other competitors. Smoothly blind sided.
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
  Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
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- The KnightThe Knight
  ·2024-11-15
  I am sure Donald will give in to Elon by providing the EV credit once again. Make America great again means he will promote local manufacturing as well as subsidy for the EV sector like the first mover, Tesla, to gain more global market share as well as local domestic market. Both of them probably struck a deal since Elon Musk openly supported Donald Trump in the election. It's a politics and business game after all. The $400 is a matter of time in coming months ahead. One news will trigger the rally once again. Good luck to Tesla manias.
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
  Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
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- MsFitMatchaMsFitMatcha
  ·2024-11-15
  Go Tesla! fewerr competitors
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
  Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?
  Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
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But randomness seems to be ruling the country soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371194228224168","repostId":"2483611356","repostType":2,"repost":{"id":"2483611356","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731627049,"share":"https://ttm.financial/m/news/2483611356?lang=en_US&edition=fundamental","pubTime":"2024-11-15 07:30","market":"nz","language":"en","title":"Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status","url":"https://stock-news.laohu8.com/highlight/detail?id=2483611356","media":"Dow Jones","summary":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?","content":"<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-15 07:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</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","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLA":"特斯拉","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","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","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","RIVN":"Rivian Automotive, Inc.","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","LU0097036916.USD":"贝莱德美国增长A2 USD","SG9999015978.USD":"利安颠覆性创新基金A","BK4534":"瑞士信贷持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0234572021.USD":"高盛美国核心股票组合Acc","F":"福特汽车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSLL":"2倍做多TSLA ETF-Direxion","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4516":"特朗普概念","BK4547":"WSB热门概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4592":"伊斯兰概念","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4596":"哈里斯概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","BK4548":"巴美列捷福持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2483611356","content_text":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.At $311.18, Tesla's market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.The Trump transition team didn't immediately respond to Barron's request for comment.Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.Thursday's performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn't feel necessary at this point.A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.That rally took Tesla's stock market value north of $1 trillion and Tesla's stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.Tesla stock rose by 0.5% on Wednesday, following President-elect Trump's announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.","news_type":1,"symbols_score_info":{"F":0.9,"TSLL":1,"TSLA":1,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371169531306280,"gmtCreate":1731635634942,"gmtModify":1731637118619,"author":{"id":"4184996406754972","authorId":"4184996406754972","name":"Ahmbis","avatar":"https://community-static.tradeup.com/news/b6f722534790bd3d0a00080ae69e954f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4184996406754972","idStr":"4184996406754972"},"themes":[],"htmlText":"Wow, Tesla wil dominate Ev mkt and stifle the other competitors. Smoothly blind&nbsp;sided.","listText":"Wow, Tesla wil dominate Ev mkt and stifle the other competitors. Smoothly blind&nbsp;sided.","text":"Wow, Tesla wil dominate Ev mkt and stifle the other competitors. Smoothly blind sided.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371169531306280","repostId":"2483611356","repostType":2,"repost":{"id":"2483611356","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731627049,"share":"https://ttm.financial/m/news/2483611356?lang=en_US&edition=fundamental","pubTime":"2024-11-15 07:30","market":"nz","language":"en","title":"Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status","url":"https://stock-news.laohu8.com/highlight/detail?id=2483611356","media":"Dow Jones","summary":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?","content":"<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-15 07:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</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","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLA":"特斯拉","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","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","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","RIVN":"Rivian Automotive, Inc.","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","LU0097036916.USD":"贝莱德美国增长A2 USD","SG9999015978.USD":"利安颠覆性创新基金A","BK4534":"瑞士信贷持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0234572021.USD":"高盛美国核心股票组合Acc","F":"福特汽车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSLL":"2倍做多TSLA ETF-Direxion","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4516":"特朗普概念","BK4547":"WSB热门概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4592":"伊斯兰概念","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4596":"哈里斯概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","BK4548":"巴美列捷福持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2483611356","content_text":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.At $311.18, Tesla's market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.The Trump transition team didn't immediately respond to Barron's request for comment.Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.Thursday's performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn't feel necessary at this point.A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.That rally took Tesla's stock market value north of $1 trillion and Tesla's stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.Tesla stock rose by 0.5% on Wednesday, following President-elect Trump's announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.","news_type":1,"symbols_score_info":{"F":0.9,"TSLL":1,"TSLA":1,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371074715349192,"gmtCreate":1731633539180,"gmtModify":1731634755136,"author":{"id":"3570437600969291","authorId":"3570437600969291","name":"The Knight","avatar":"https://static.tigerbbs.com/75dcd9b9c7a6f69cb6e3d99df5c339df","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570437600969291","idStr":"3570437600969291"},"themes":[],"htmlText":"I am sure Donald will give in to Elon by providing &nbsp; &nbsp; &nbsp;the EV credit once again. Make America great &nbsp; &nbsp; &nbsp; &nbsp; again means he will promote local manufacturing &nbsp; &nbsp; &nbsp;as well as subsidy for the EV sector like the first &nbsp; &nbsp; &nbsp;mover, Tesla, to gain more global market share as well as local domestic market. Both of them &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;probably struck a deal since Elon Musk openly &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; supported Donald Trump in the election. It's a &nbsp; &nbsp; &nbsp; &nbsp; politics and business game after all. The $400 is a &nbsp; &nbsp; &nbsp; &nbsp; matter of time in coming months ahead. One news will trigger the rally once again. Good luck to Tesla manias.","listText":"I am sure Donald will give in to Elon by providing &nbsp; &nbsp; &nbsp;the EV credit once again. Make America great &nbsp; &nbsp; &nbsp; &nbsp; again means he will promote local manufacturing &nbsp; &nbsp; &nbsp;as well as subsidy for the EV sector like the first &nbsp; &nbsp; &nbsp;mover, Tesla, to gain more global market share as well as local domestic market. Both of them &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;probably struck a deal since Elon Musk openly &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; supported Donald Trump in the election. It's a &nbsp; &nbsp; &nbsp; &nbsp; politics and business game after all. The $400 is a &nbsp; &nbsp; &nbsp; &nbsp; matter of time in coming months ahead. One news will trigger the rally once again. Good luck to Tesla manias.","text":"I am sure Donald will give in to Elon by providing the EV credit once again. Make America great again means he will promote local manufacturing as well as subsidy for the EV sector like the first mover, Tesla, to gain more global market share as well as local domestic market. Both of them probably struck a deal since Elon Musk openly supported Donald Trump in the election. It's a politics and business game after all. The $400 is a matter of time in coming months ahead. One news will trigger the rally once again. Good luck to Tesla manias.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371074715349192","repostId":"2483611356","repostType":2,"repost":{"id":"2483611356","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731627049,"share":"https://ttm.financial/m/news/2483611356?lang=en_US&edition=fundamental","pubTime":"2024-11-15 07:30","market":"nz","language":"en","title":"Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status","url":"https://stock-news.laohu8.com/highlight/detail?id=2483611356","media":"Dow Jones","summary":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?","content":"<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-15 07:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</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","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLA":"特斯拉","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","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","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","RIVN":"Rivian Automotive, Inc.","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","LU0097036916.USD":"贝莱德美国增长A2 USD","SG9999015978.USD":"利安颠覆性创新基金A","BK4534":"瑞士信贷持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0234572021.USD":"高盛美国核心股票组合Acc","F":"福特汽车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSLL":"2倍做多TSLA ETF-Direxion","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4516":"特朗普概念","BK4547":"WSB热门概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4592":"伊斯兰概念","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4596":"哈里斯概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","BK4548":"巴美列捷福持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2483611356","content_text":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.At $311.18, Tesla's market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.The Trump transition team didn't immediately respond to Barron's request for comment.Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.Thursday's performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn't feel necessary at this point.A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.That rally took Tesla's stock market value north of $1 trillion and Tesla's stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.Tesla stock rose by 0.5% on Wednesday, following President-elect Trump's announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.","news_type":1,"symbols_score_info":{"F":0.9,"TSLL":1,"TSLA":1,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2799,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4168661532564882","authorId":"4168661532564882","name":"nicepal","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4168661532564882","idStr":"4168661532564882"},"content":"let's see, nothing can be sure when DT is sitting up there. let's see if tesla goes up next week.. else options I bought as good as flush down the \"bowl\" [Drowsy]","text":"let's see, nothing can be sure when DT is sitting up there. let's see if tesla goes up next week.. else options I bought as good as flush down the \"bowl\" [Drowsy]","html":"let's see, nothing can be sure when DT is sitting up there. let's see if tesla goes up next week.. else options I bought as good as flush down the \"bowl\" [Drowsy]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371050064847208,"gmtCreate":1731627525553,"gmtModify":1731627529472,"author":{"id":"4099627628862240","authorId":"4099627628862240","name":"MsFitMatcha","avatar":"https://static.tigerbbs.com/b1ae62a66e1abd756460e28f9a3b8947","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099627628862240","idStr":"4099627628862240"},"themes":[],"htmlText":"Go Tesla! fewerr competitors&nbsp;","listText":"Go Tesla! fewerr competitors&nbsp;","text":"Go Tesla! fewerr competitors","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371050064847208","repostId":"2483611356","repostType":2,"repost":{"id":"2483611356","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731627049,"share":"https://ttm.financial/m/news/2483611356?lang=en_US&edition=fundamental","pubTime":"2024-11-15 07:30","market":"nz","language":"en","title":"Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status","url":"https://stock-news.laohu8.com/highlight/detail?id=2483611356","media":"Dow Jones","summary":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?","content":"<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-15 07:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.</p><p>That leaves one question for investors: What did you think was going to happen?</p><p>Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&amp;P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.</p><p>At $311.18, Tesla&#39;s market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b508e9b22a19303c32bbacc8f4a898ae\" tg-width=\"538\" tg-height=\"312\"/></p><p>Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.</p><p>The Trump transition team didn&#39;t immediately respond to Barron&#39;s request for comment.</p><p>Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.</p><p>The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.</p><p>Thursday&#39;s performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.</p><p>Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn&#39;t feel necessary at this point.</p><p>A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.</p><p>That rally took Tesla&#39;s stock market value north of $1 trillion and Tesla&#39;s stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.</p><p>Tesla stock rose by 0.5% on Wednesday, following President-elect Trump&#39;s announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.</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","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLA":"特斯拉","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","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","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","RIVN":"Rivian Automotive, Inc.","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","LU0097036916.USD":"贝莱德美国增长A2 USD","SG9999015978.USD":"利安颠覆性创新基金A","BK4534":"瑞士信贷持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0234572021.USD":"高盛美国核心股票组合Acc","F":"福特汽车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSLL":"2倍做多TSLA ETF-Direxion","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4516":"特朗普概念","BK4547":"WSB热门概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4592":"伊斯兰概念","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4596":"哈里斯概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","BK4548":"巴美列捷福持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2483611356","content_text":"Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.That leaves one question for investors: What did you think was going to happen?Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.At $311.18, Tesla's market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.Tesla shares spent all of the day in the red, but losses accelerated and shares closed at daily lows after Reuters reported the President-elect was likely to eliminate $7,500 purchase tax credits for EVs.The Trump transition team didn't immediately respond to Barron's request for comment.Investors can be surprised by the reaction, but not the pending policy decision. Trump talked about removing so-called EV mandates frequently on the campaign trail, and Wall Street analysts almost unanimously expect Trump to target the credits.The consensus opinion among analysts is that a credit rollback is relatively neutral for Tesla -- and negative for the rest of the industry. Tesla has the scale and cost structure to be profitable without the credits. Less competition from EV makers who need the credit means more market share for Tesla.Thursday's performance came in spite of a big price target increase earlier in the day, too. Jefferies analyst Philippe Houchois raised his price target for Tesla stock to $300 from $195, and kept his Hold rating. Houchois even suggested Tesla management use the recent rally in Tesla stock to raise equity.Tesla generates positive free cash flow. Wall Street projects free cash flow of $2.8 billion in 2024, and $5.4 billion in 2025. Free cash flow comes after investment spending. Tesla is expected to spend some $11.5 billion on plants and equipment in 2024. An equity raise doesn't feel necessary at this point.A target price bump of $105, or 54%, is significant and investors might have expected a better stock reaction. Coming into Thursday trading, Tesla shares were up almost $80, or 31%, since the Nov. 5 presidential election.That rally took Tesla's stock market value north of $1 trillion and Tesla's stock price beyond current Wall Street targets. The average analyst price target of Tesla shares aggregated by FactSet is about $242, up from about $235 since the election.Tesla stock rose by 0.5% on Wednesday, following President-elect Trump's announcement that Tesla CEO Elon Musk and Vivek Ramaswamy would lead a consulting-like effort at the newly created Department of Government Efficiency.","news_type":1,"symbols_score_info":{"F":0.9,"TSLL":1,"TSLA":1,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":3603,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4117888419809232","authorId":"4117888419809232","name":"麥卡倫 18","avatar":"https://community-static.tradeup.com/news/2c545964e140db6ccd1fa3a6610ea02e","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4117888419809232","idStr":"4117888419809232"},"content":"Wow! Finally, your holdings turned Positive! Congratulations 🎉","text":"Wow! Finally, your holdings turned Positive! Congratulations 🎉","html":"Wow! Finally, your holdings turned Positive! Congratulations 🎉"}],"imageCount":0,"langContent":"EN","totalScore":0}],"essenList":[],"allBottom":false,"essenBottom":true}