$Tesla Motors(TSLA)$ The reason why Tesla didnt get the boost it needed is because investors are still uncertain of where it will lead from now due to the tariffs,
it is not about whether or not the impact will or will not affect Tesla directly or indirectly, but their counterparts in other countries like Europe, Chiba, India, etc. They are trying their very best to cope with their production capabilities and so on. And whilst President Trump is pressing more tariffs towards China, this will create more counter measures from China back to US.
Remember what Elon Musk ask about the US-EU Zero Tariff topic recently? Because he knew his counterparts will also suffer the same impact as others so he made a quick move to hopefully reduce the pressure caused by the tariffs but unfortunately it backfired.
Maybe it will take more time for all these to cool down. For me I think it might not within this year.
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- WendyOneP·04-09great analysis. thank you.LikeReport