President Trump’s “Big, Beautiful Bill” aims to eliminate environmental tax subsidies from the Biden era, impacting Tesla’s stock value negatively. Contrarians believe the removal of EV tax credits could benefit Tesla. The bill, signed on July 4, is expected to phase out EV tax credits by September. Tesla’s production and delivery growth has been declining, but the removal of tax credits may spur demand for EVs. Tesla stock has dropped due to the bill’s passing, but contrarians see potential benefits for the company. Tesla’s long-term growth outlook remains uncertain, prompting caution from investors.
Read more at Nasdaq: Contrarian Opinion: President Trump’s “Big, Beautiful Bill” Could Give a Big Boost to Tesla Stock… for Now