Tesla(US:TSLA) Ge Long Hui·2025-07-01 10:39Core Viewpoint - The ongoing feud between Elon Musk and Donald Trump has intensified, particularly surrounding the "Big and Beautiful" bill, which has implications for Tesla's stock performance and market position [1][2][11]. Group 1: Musk and Trump's Conflict - Musk has criticized the "Big and Beautiful" bill, calling its spending "crazy" and threatening to form a new political party [2][8]. - Trump retaliated by mocking Musk's reliance on government subsidies, suggesting that without them, Musk's businesses would fail [3][7]. - The conflict has immediate effects on Tesla's stock price, which dropped significantly during their previous exchanges, with a 14% decline leading to a loss of over $150 billion in market value [4][10]. Group 2: Tesla's Stock Performance - As of the latest report, Tesla's stock is facing a pre-market drop of nearly 5%, with its price hovering around $300 [5][17]. - Year-to-date, Tesla's stock has decreased by 21.34%, making it the worst performer among major tech stocks [16][17]. Group 3: Tesla's Sales and Market Position - Tesla's sales in Europe have seen a dramatic decline, with a nearly 28% drop in May and a 45% year-on-year decrease in registrations [18][19]. - In China, Tesla's sales for the first five months of the year totaled 203,200 units, reflecting a 7.7% year-on-year decline [20]. - The company has experienced eight consecutive months of year-on-year sales declines, although recent developments in autonomous driving have rekindled some investor confidence [21]. Group 4: Analyst Ratings and Price Targets - Several major financial institutions have raised their price targets for Tesla, with UBS increasing its target from $190 to $215, and Benchmark Company raising it to $475 while maintaining a "buy" rating [22][23]. - Morgan Stanley and Deutsche Bank also continue to hold "buy" ratings with target prices of $410 and $345, respectively [23].