The 2024 presidential election is pivotal for the U.S. automotive industry, with candidates Trump and Harris presenting contrasting views on electric vehicles, emissions regulations, and trade policies. Trump is expected to roll back environmental standards and impose higher tariffs, while Harris may continue Biden's approach but with potential adjustments for businesses. Automakers are preparing for various outcomes, as the election outcome could significantly impact investments and regulatory frameworks in the sector.
Stock futures are lower as Wall Street anticipates further losses. AppLovin received a buy rating from Loop Capital, with a price target of $181, indicating a potential 13.9% upside. Meanwhile, Jefferies raised Tesla's price target to $195, despite a projected 10.9% decline, as the focus shifts back to operational concerns. In Asia-Pacific, Hyundai Motor India's shares fell 4.42% on their trading debut after a record IPO. European markets showed mixed results, with the Stoxx 600 index down slightly.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
