William Blair downgrades Tesla rating due to concerns over Trump's infrastructure bill impact on shares

William Blair has downgraded Tesla’s rating, citing concerns that President Trump’s proposed infrastructure bill could negatively impact the company’s stock. The bill, which aims to invest $2 trillion in infrastructure projects, may not benefit Tesla as much as previously thought. This news has caused Tesla’s shares to decline.

Read more at Investing.com: William Blair cuts Tesla rating as Trump’s new bill ‘might be too much’ for shares