Elon musk He became, in the words of some people, President Donald Trump ‘First friend. ‘But Trump’s administrative moves to give up many policies adapted to EV have led to some Tesla’s investors, analysts and researchers EV to insist that everything will be catastrophic for the company, the largest US manufacturer of EV.
More bull analysts say otherwise: it Male white house The presence could be a grace for Tesla, whose future lies in autonomous driving and robotics.
“Tesla’s story forward is autonomous and robotics, and we never viewed Teslin as a car company,” said the older analyst Wedbush Dan Ives.
Have Trump in the office“Massively changes a regulatory environment for autonomous vehicles,” he added.
“I think you actually have a federal plan of the path that will be created, which speaks in our opinion that the bet of the age was a man’s bet on Trump,” he said.
More bear analysts and investors are not so sure.
Gerber Kawasaki Director General Ross Gerber is one of them. Gerber told the CNBC that his company has about 280,000 Tesla shares, which is just over half of what he had at the highest point of stock.
“I don’t see where Tesla goes from here, because the fact that autonomy doesn’t work – still doesn’t work,” Gerber said. “I literally take my own Cybertruck. I can’t drive five minutes without having to separate myself. And then the Waymos are like driving around me like crazy. And I’m like that, we’re just not there. And I don’t think the hardware will bring us there and people don’t buy vehicles. “
People do not buy vehicles, in Gerber’s opinion, because of the men’s Trump support and his activities in the White House.
“Elon is probably the most extensive person in the world,” he said. “Most people around the world, you know, hates Elon. And the way they pull it into Tesla. And that’s a really unhappy thing.”
Data show that Tesla sales have fallen into several European countries – for as many as 60% in Germany in the first two months of 2025. In the same period of the previous year.
Meanwhile, Trump’s administration is aiming for politics that helped EV manufacturers like Tesla. On January 20, the administration issued an executive command to “remove the unjust subsidies and other poorly designed market distortions imposed by government imposes that favor EVs.”
At least one variant of each model that Tesla sells is eligible for federal loan, more than any other car manufacturer.
“If President Trump gets rid of $ 7,500, each Tesla car has just increased by $ 7,500,” said Gordon Johnson of Glj Research. “It doesn’t matter how you spin it. It’s a huge negative, given, I mean, 60% of America can’t afford an unexpected $ 600 account.”
Tesla made billions by selling government loans to other car manufacturers.
Both the federal and state levels, government rules dictate that car manufacturers sell a certain percentage of vehicles with low emissions or zero show. If they cannot fill the quotas, they have to buy loans from another car manufacturer who does so. Because Tesla makes only EV, it has done a lot of what Gerber calls “free money” by selling these loans to other inherited car manufacturers. Tesla made more than $ 2.7 billion from those loans in 2024. Although this is a small share of Tesla’s revenue of $ 97.7 billion that year, Johnson said that most of Tesla’s free cash flow from those loans was.
“Our analysis suggests during the life of Tesla, if you take out these EV merit, their free cash flow is actually negative,” Johnson said.
Trump’s command for January also requested that the authorities fit the payment of electric vehicles.
Tesla received about $ 31 million from National Electric Vehicle Infrastructure The program, the federal program from the era to Biden to finance the construction of the billing facilities compared to US Tesla received about 6% of all programs.
Bulls claim that the disappearance of EV tax reliefs, regulatory loans, and even charging funds, or will not significantly harm, or will even help, Tesla by ejecting competitors who do not have a measure for profitable EV.
“Tesla is the only one who makes money,” said Stiphelo Director Stephen Gengaro. “They can afford to stimulate sales and reduce costs.”
