JPMorgan estimates Tesla's profits could drop by 40% if Trump reinstates policies - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
Contact Phone:
Economy

JPMorgan estimates Tesla's profits could drop by 40% if Trump reinstates policies

share-iconFriday, January 03 comment-icon2 weeks ago 5 views
News sources:
businessinsiderBUSINESSINSIDER
JPMorgan estimates Tesla's profits could drop by 40% if Trump reinstates policies

Credited from: BUSINESSINSIDER

  • Tesla's outlook is grim under a potential second Trump administration, despite CEO Elon Musk's ties to the president-elect.
  • JPMorgan analysts estimate a 40% risk to Tesla's profits from proposed eliminations of EV tax credits and subsidies.
  • In 2024, Tesla reported a year-over-year drop in vehicle sales for the first time, selling approximately 1.79 million cars.
  • Analyst Ryan Brinkman highlights a need for investors to reassess declining metrics across deliveries and revenue.
  • Despite the warning, Tesla shares saw a slight rebound on Friday, increasing by about 4% in morning trading.

For more information, you can read the original article here.

SHARE THIS ARTICLE:

TAGS:

Tesla Profits Trump Jpmorgan Electric vehicles Ev market Subsidies
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 03, 2025 Attempted murder charge for fan after firing marine flares at Cyprus soccer match
date-iconJanuary 03, 2025 Tahawwur Rana Appeals to US Supreme Court to Halt Extradition Over 26/11 Charges
nav-post-picture
Related Posts
main-post-image
POLITICS
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Insight into Barron Trump: A Bright, Down-to-Earth Young Businessman
date-iconJan 22, 2025
main-post-image
POLITICS
Justice Department Initiates Investigations into Local Immigration Enforcement Obstruction
date-iconJan 22, 2025
main-post-image
POLITICS
Trump Administration Cancels Refugee Flights, Halting Resettlement Program Amid Policy Changes
date-iconJan 22, 2025
main-post-image
POLITICS
US Police Union Condemns Trump's January 6 Pardons as Dangerous
date-iconJan 22, 2025
main-post-image
ECONOMY
Diddy’s Legal Team Claims “Freak Off” Videos Confirm Innocence Amid Sex Trafficking Allegations
date-iconJan 15, 2025

Stay Connected

main-post-image
World News
Meghan Markle and Prince Harry Criticize Meta as Trump Ally Responds with Threat of Deportation
date-icon January 15, 2025
main-post-image
World News
Walgreens Faces Lawsuit for Allegedly Filling Millions of Illegitimate Opioid Prescriptions
date-icon January 18, 2025
main-post-image
World News
Trump's First Day Actions: Major Environmental Rollbacks and Controversial Cabinet Picks Spark Outrage
date-icon January 22, 2025
main-post-image
Politics
Biden Issues Controversial Pardons to Family Members Just Before Leaving Office
date-icon January 20, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD