Group 1 - Trump hinted at the possibility of deporting Musk, stating "we'll have to see" regarding the situation [1] - Musk expressed frustration over losing electric vehicle subsidies, indicating that the potential losses could be significant [1] - The recent "Big Beautiful Bill" passed by the Trump administration has led to the cancellation of tax credit policies benefiting electric vehicle consumers, which has long-term implications for Tesla's sales performance [7] Group 2 - Musk criticized the latest version of the "Big Beautiful Bill," claiming it would destroy millions of American jobs and financially support outdated industries [7] - Trump accused Musk of receiving more subsidies than anyone in history and suggested that without these subsidies, Musk's businesses would struggle to survive [7] - Following Trump's comments, Tesla's stock experienced a decline of over 7% during early trading [5]

Core Viewpoint - Lucid Group is experiencing significant sales growth, projected at 72% this year and 97% next year, driven by the introduction of its Gravity SUV platform, but faces critical risks from potential changes in federal policies regarding EV incentives [1][2]. Sales Growth - Sales are expected to grow by 72% in the current year and 97% in the following year due to the new Gravity SUV platform [1]. - New models may be introduced as early as 2026, indicating a positive outlook for product expansion [1]. Policy Risks - Lucid Group is particularly vulnerable to changes in federal policies, especially regarding the potential elimination of long-standing subsidies, such as the federal tax credit for EV buyers, which can be as high as $7,500 [2]. - The elimination of these incentives could lead to a significant increase in the effective cost of purchasing an EV, negatively impacting sales across the electric vehicle sector [3]. Historical Context - Historical data from Europe shows that when EV incentives were reduced, sales were adversely affected. For instance, after Germany ended its average incentives of around €4,700 per car in 2023, EV sales in Germany dropped by 16.4%, while the rest of Europe saw a 9.4% increase in sales [5][6]. - This historical precedent suggests that if U.S. tax credits are eliminated, Lucid's sales growth could decline sharply [6].

Group 1 - The public feud between Elon Musk and Donald Trump has escalated significantly, impacting Tesla's stock price and market capitalization [5][10][28] - Tesla's market value has dropped by $150 billion, marking the largest decline since the pandemic in 2020, primarily due to Musk's criticism of a large spending bill that could reduce electric vehicle subsidies [5][28] - The conflict has drawn attention from various political figures and celebrities, indicating a broader interest in the implications of this feud on the political and business landscape [2][4][26] Group 2 - Musk's comments on the spending bill, which he described as "absurd" and "disgusting," suggest that his business interests are at stake, as the bill could significantly cut subsidies for electric vehicles [5][12] - The feud has led to a notable decline in Tesla's stock, with a 14% drop in one day, resulting in a market capitalization of $916 billion, thus exiting the "trillion-dollar club" [28] - The conflict has also affected SpaceX, with Trump threatening to terminate government contracts, which could have significant repercussions for the company [13][27]