Tesla could see 40% of its profits evaporate when Trump takes office, JPMorgan warns

Tesla's disappointing sales could be a wake-up call for investors.Trump's proposed cuts to EV subsidies could cost Tesla $3.2 billion, JPMorgan estimates.Musk's car company benefits the most from current emissions regulations. Tesla is poised for a tough year under a second Trump administration, despite CEO Elon Musk's friendship with the president-elect. AD Following disappointing fourth-quarter sales results and a 6% dip in Tesla shares Thursday, JPMorgan is warning of more potential trouble ahead. Based ...