• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

What Trump 2.0 would mean for Tesla, electric cars and Trump Media

by November 6, 2024
written by November 6, 2024

Investing.com — President Donald Trump’s return to the White House could have mixed implications for Tesla (NASDAQ:TSLA), the broader electric vehicle (EV) market, and Trump Media & Technology Group, according to Jefferies-owned multi-asset trading platform Tradu.

In a recent note, Nikos Tzabouras, Senior Financial Editorial Writer at Tradu, outlines the advantages and challenges a second Trump term may bring, particularly for Tesla’s CEO Elon Musk and his ambitions.

The EV sector, he notes, could see setbacks if Trump follows through on pledges to dismantle current green energy policies, which have supported EV adoption.

“The EV market and the renewables sector could be one of the main losers of a new Trump presidency,” he explains, “as he has pledged to dismantle the green energy policies enacted by the current administration.”

Tesla, however, may prove resilient. “Tesla’s leadership allows it to withstand such a shift, which could hurt its competitors more,” he adds, noting that Tesla’s unique pivot toward AI and robotics could position the company to benefit from Trump’s potential deregulation efforts.

In terms of international dynamics, Tradu believes Tesla could face challenges in China under Trump 2.0. U.S.-China trade tensions may intensify, further complicating Tesla’s operations in one of its most lucrative markets.

“Relations could deteriorate under President Trump, and that could be negative for Tesla’s Chinese business,” Tradu states. However, Trump’s reputation as a “deal maker who can think outside the box” could potentially benefit Tesla in navigating these hurdles.

They add that Trump Media, meanwhile, should benefit from another Trump presidency.

“Long-term, we could see his presidency having a positive impact on the firm, especially if his social media platform becomes a de facto press office for the US president,” says Tzabouras.

The firm’s recent stock surge amid election news underscores investor confidence in Trump’s influence on the platform.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
‘Trump trades’ surge as Donald Trump elected president
next post
Nintendo Stock Outlook: Profit Forecast And Switch Sales

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Trump implies government could cut contracts and subsidies to Musk’s companies

      June 7, 2025
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (505)
    • Stock (6,426)

    Latest News

    • Trump implies government could cut contracts and subsidies to Musk’s companies
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

    Popular News

    • Kohl’s surprise CEO departure to amplify woes ahead of holiday shopping season
    • Bearish bets maintained on Asian FX as US tariff fears intensify: Reuters poll

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy