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Elon Musk's Tesla may benefit from domestic production amid President Trump's new tariffs, which could raise vehicle prices for consumers. Analysts suggest Tesla has a competitive edge in the EV sector, but the company will still face challenges due to reliance on imported parts and broader economic impacts. The stock market reacted negatively, with significant drops in automaker shares, highlighting the potential for increased costs and reduced profitability across the industry.
Kimball Musk has sold $27 million worth of Tesla stock amid the company's financial struggles, with shares down 50% since December. Despite this sale, he retains a significant stake of approximately 1.5 million shares valued over $500 million. Analysts suggest the stock's decline is linked to reduced demand and backlash from Musk's political ties, while competitors are gaining market share in Europe and Asia.
Kevin Thompson
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21:09 03.04.2025
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20:41 18.03.2025
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