Musk, Trump and Tesla
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Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now financially struggling Tesla are arguing for its continuation.
The stock has been on a roller coaster ever since Mr. Trump’s election. The shares are down about 13 percent this week.
Tesla Inc.’s shares rose in early trading Friday after Elon Musk suggested he was open to making amends with President Donald Trump, easing tensions after their simmering feud erupted into a
2don MSN
President Donald Trump's "Big Beautiful Bill" could significantly affect Tesla's future profits while also benefiting xAI.