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Barchart
Pathikrit Bose

As Trump Says He Wants Tesla to ‘THRIVE,’ How Should You Play TSLA Stock?

Elon Musk Tesla Inc. Donald Trump

The on-again, off-again relationship between President Donald Trump and Tesla (TSLA) CEO Elon Musk witnessed a new plot twist when Trump posted on Truth Social that ”I want Elon, and all businesses within our Country, to THRIVE.” This is a startling development, to say the least, considering the very public nature of their fallout, which was sour for all involved.

Musk had been quite vocal about his opposition to Trump’s “One Big Beautiful Bill Act,” arguing it would only add to the country’s mounting debt. And specifically hurting Tesla is the removal of $7,500 tax credits on EV purchases, a stipulation of the tax-and-spending legislation. 

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