Is Politics The Only Way Forward For Tesla?

Mission critical? The catalyst for the formation of the America Party was the "Big Beautiful Bill," which was the final straw in the relationship between Musk and the GOP. The Tesla (TSLA) CEO spent nearly $300M to help Trump get into office, but that backfired when the bill went against his role at DOGE. More importantly, it erased the hefty EV tax credits that have been a major driver of profits for the carmaker (worth $2.8B in 2024) as it faces steep competition and slowing sales. Like many other compani ...