On Thursday, Tesla’s shares moved to the freefall when President Donald Trump publicly disputed with the billionaire -leafy CEO Elon Musk, who is his self -made “first friend”.
Investors saw the drama that came up with growing anxiety, what could be the meaning of Frecas for the Musk’s business empire. The shares of the car makers reduced the day by 14 %, which cleared $ 150 billion (about $ 1, 1,28,621 crore rupees) when absent one day about the company.
Traders threw Tesla into heavy trade when Musk responded immediately to Trump’s criticism with social media posts, which criticized the president’s tax bill. Trump fired further, alleging that Musk was upset because the bill takes the benefits of taxes for the purchase of power vehicles.
Opening quarrels with Trump can create a number of obstacles to the rest of the business empire of Tesla and Musk. The US Transportation Department regulates the design standard of vehicles and will have a big deal about whether Tesla can manufacture a pedal and steering wheel robotx.
The agency is also investigating Tesla’s driver assistance software after a fatal crash, called “full self -driving”.
“Elon’s politics is damaging the stock,” said Dennis Dick, a shared strategic Tesla, chief of the stock trader network. He first attached himself with Trump, which bothered many potential democratic buyers. Now he has turned to the Trump administration. “
With the decline in EV sales, Kasturi has re -based Tesla’s future around itself -run robotics over the past year. On an income call last year, he said that if investors “should sell their Tesla stock” if they are not sure the company will solve the technical challenges of driverless vehicles. Wedding analysts said that AI and independent opportunities could cost $ 1 trillion (about 85,85,73,329 crores), in which the company’s market value is alone.
Musk has advocated a federal approval process for independent vehicles to smooth the current maze of various rules and regulations of the state.
Tesla’s investor, Jerb Kawasaki Wheel and Investment Management CEO Ross Gurber, said a quarrel with Trump “creates a negative force against Tesla” that could endanger the rules and threaten further government investigations.
“Every benefit, which was considered, now turns into a negative,” said Jarbar.
Musk, the world’s richest man and a prominent figure in the government’s performance (Dodge) cost -cut plan for several months, blew up Trump’s “great bill” this week, when he spent less time in the White House and instead of focusing on his companies. According to Forbes, after Thursday’s sales off, its total value decreased by about $ 27 billion (about Rs 2,31,557 crore) to $ 388 billion (about 33,27,310 crores).
“The easiest way to save money in our budget, billions and billions of dollars is to eliminate Elon’s official subsidy and contracts,” Trump said on his true social platform on Thursday.
Transportation Secretary Sean Duffy has already moved to exempt autonomous vehicles from some safety requirements, and the NHTSA said in April that it was active in developing a multi -dimensional regulatory framework for independent vehicles.
Although the federal government has already begun to smooth some rules around independent driving, Morning Star analyst Seth Goldstine said regulators could potentially create rules that would eliminate Tesla.
For example, most autonomous vehicle companies use sensors such as radar and leather to detect items, but Tesla completely relies on cameras.
Goldstine said federal regulators can devise the principles of leather, which will hurt Tesla. “With President Trump, staying in his bad side, he always poses a danger that you are going to take personal retaliation,” said Goldstine. He suspected that such a result was likely, however, many other companies have been emphasizing new rules for years.
Since then, the stock has been on a roller coaster since Musk ended Trump in his re -election bid in mid -July 2024, and by mid -December, the same location increased by 169 percent. Then after 54 % slide in early April, the “Tesla Tech” protests intensified. The leadership of Musk’s Dodge and the alignment with the Trump administration had stopped some car buyers, which reduced sales in major US markets such as Europe, China and California.
The version of the House of Representatives of Trump’s budget bill has proposed the elimination of EV subsidy by $ 7,500 (about Rs 6.43 million) by the end of 2025. Tesla and other car makers have relied on years of incentives to diminish demand, but Trump has promised to transfer subsidies.
According to JP Morgan, Tesla could face $ 1.2 billion (about $ 10,290 million) in its annual profit, with an additional shock of $ 2 billion in regulatory credit sales due to the Senate’s separate legislation due to the California EV sales mandate.
The company is still the most valuable automaker worldwide through a long shot. On Wednesday, Tesla’s market value was about $ 1 trillion (about Rs 85,85,73,329 crore), which is above $ 290 billion of Toyota Motor (at some extent than Rs 24,87,019 crore).
“Many people about Tesla were passionate about Tesla because it was returning (musk), and now they have changed their heads in many different ways,” said Steve Susank, chief strategic, Steve Susank, chief strategic, Steve Susank.
Tesla’s business is estimated at a profit of 150 times a profit, which is a standing premium of other major tech stocks like NVIDIA.
“I am a short Tesla. I do not understand the diagnosis of it,” said Bob Doll, Chief Investment Officer of Crossmark Global Investment, said.
© Thomson Writers 2025
(This story has not been edited by the NDTV staff and has been made auto from the Syndicate Fed.)
