While Tesla Is Warning Trump, These Two Rivals Are Quietly Hitting Fresh Highs On Wall Street As EPA Seeks To Repeal 2009 Endangerment Finding

Core Insights - Tesla Inc. has urged the Trump administration not to repeal the 2009 Endangerment Finding, which is critical for U.S. emissions standards and climate action [1][3] - Ford Motor Co. and General Motors Co. have reached 52-week highs in pre-market trading, benefiting from the Trump administration's pro-internal combustion engine (ICE) decisions [2][3] Company Performance - Ford is currently trading at $12.14, while General Motors is valued at $61.44 per share in early trading [3] - The stock performance of Ford and GM reflects investor sentiment towards the Trump administration's policies favoring traditional automotive manufacturers [2][3] Regulatory Environment - The Trump administration's Environmental Protection Agency (EPA) has proposed rescinding the 2009 Endangerment Finding, which could undermine U.S. emissions standards [3][4] - This proposal aligns with a series of anti-EV decisions from the White House, including the termination of the $7,500 Federal EV credit and the relaxation of Corporate Average Fuel Economy (CAFE) standards [4] Impact on Competitors - The relaxation of emissions standards has negatively impacted companies like Tesla and Rivian Automotive Inc., resulting in significant revenue losses from Zero Emission Vehicle (ZEV) credits [4]