Tesla could see 40% of its profits evaporate when Trump takes office, JPMorgan warns
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Tesla may face a significant profit reduction due to potential cuts in EV subsidies proposed by Trump, which could cost the company $3.2 billion, according to JPMorgan.

January 03, 2025 | 5:00 pm
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Tesla's profits could decrease by 40% due to potential cuts in EV subsidies proposed by Trump, which may cost the company $3.2 billion, as estimated by JPMorgan.
The potential reduction in EV subsidies directly impacts Tesla's financial performance, as it could lead to a significant decrease in profits. The $3.2 billion cost estimate by JPMorgan highlights the substantial financial risk Tesla faces if these cuts are implemented.
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