Tesla stock fell as markets reacted to President Trump repealing Biden's green policies, while electric air taxi stocks surged

From Nasdaq: 2025-01-21 12:44:15

Electric vehicle stocks fell as the market reacted to President Trump’s first day in office. Tesla shares dropped nearly 3%, while electric air taxi stocks Archer Aviation and Joby Aviation surged over 11%. Trump repealed Biden’s executive orders on greenhouse emissions, causing caution in the EV sector. Analyst remains bullish on Tesla with a price target hike to $500.

President Trump wasted no time signing executive orders, including repealing Biden’s order to lower greenhouse emissions, impacting EV stocks. Trump plans to end the Green New Deal and electric vehicle mandate, causing investor caution. Analyst sees Tesla’s AI potential and values the stock at $500. Archer and Joby make progress on electric air crafts, but remain volatile investments.

Expert analysts issue a “Double Down” stock recommendation for potential high-growth opportunities. Historical returns for Nvidia, Apple, and Netflix highlight the success of past recommendations. Investors urged to act now before missing out on three incredible companies. Analyst has no position in mentioned stocks, The Motley Fool recommends Tesla and has a disclosure policy.



Read more at Nasdaq: Tesla Is Falling Today, While Electric Air Taxi Stocks Archer Aviation and Joby Aviation Surge