From Morningstar: 2024-11-11 07:09:31

Tesla (TSLA) shares surged 28% after Trump’s election. Changes to EV subsidies could impact sales and lithium demand. Musk may advise Trump, but Tesla remains overvalued at current levels. Despite potential subsidy loss, Tesla is profitable and well-positioned to maintain market leadership against Chinese EVs. Musk may also help expedite federal autonomous driving regulations for Tesla’s technology.



Read more at Morningstar: Tesla: Trump Election May Solidify Near-Term Tesla…