$Tesla (TSLA.US)$ Tesla stock dropped on Thursday as investo...
Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits.
That leaves one question for investors: What did you think was going to happen?
Shares of the electric-vehicle maker finished down 5.8% at $311.18 while the S&P 500 and Dow Jones Industrial Average sank 0.5% and 0.6%, respectively. Rivian Automotive shares tumbled 14%, while General Motors was down 0.1% and Ford Motor shares were off 0.3%.
At $311.18, Tesla's market value is $999 billion, just shy of $1 trillion, based on 3.21 billion shares outstanding.
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scarlight : trump gonna end the act but still support tesla. In the short term not recommended to enter
72537380 : Tesla supports the repeal of the 7500 Act, so Tesla will dominate alone, and all electric cars in the United States will not rely on 7500.
美股小旋风 : Who are those two people hahaha, the news has not been verified.
Chong 1019 : why cut Ev tax give disavantage for Tsla？
SKYWalkers : "Tesla stock dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits."
whoever wrote this is nonsense, it has been dropping ever since the hype reached a 2 year high, it's hype subsiding, way earlier than announcement of credit slash