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Benzinga
Benzinga
Business
Vishaal Sanjay

As Tesla Slides Below $1 Trillion, Analyst Warns Musk-Trump Rift Could Undermine Autonomy Push: 'It Doesn't Make Any Sense For Elon To Be Fighting With Donald Trump'

Donald Trump Elon Musk Craig Irwin Tesla Inc. autonomous vehicle
Tesla

As EV giant Tesla Inc. (NASDAQ:TSLA) struggles to regain its mojo, Craig Irwin of Roth Capital Partners warned that CEO Elon Musk's growing rift with President Donald Trump could complicate the company's push into autonomous vehicle regulation.

What Happened: On Tuesday, Irwin said that the removal of electric vehicle subsidies, something that Musk had previously stated he was “okay” with, could strengthen Tesla's position by forcing legacy automakers to pull back, while speaking on CNBC’s “Closing Bell Overtime.”

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