Trump threatening to cut subsidies to Musk's companies causes Tesla stock to fall

From Yahoo Finance: 2025-07-01 13:49:00

Tesla (TSLA) shares fall over 5% as Trump threatens to cut subsidies to Elon Musk’s companies. Musk responds defiantly, but removal of subsidies could lead to a $1 billion profit loss for Tesla. Feud with Trump could also increase regulatory risks for Tesla’s autonomous technology ventures. Analysts recommend caution on TSLA stock due to potential weakness in Q2 deliveries. Wall Street consensus is to hold Tesla stock, with a mean target price of $297.



Read more at Yahoo Finance: Trump and Musk Are Fighting Again. What Does That Mean for Tesla Stock?