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Benzinga
Benzinga
Business
Vishaal Sanjay

Elon Musk Says Tesla Could Face 'A Few Rough Quarters' As EV Incentives Expire And Trump Tariff Pressures Mount

Elon Musk Nasdaq Tesla Inc. Dan Ives Vaibhav Taneja
Elon Musk Tesla

Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, warned that the company was entering a challenging period as federal EV credits wind down and tariff-related headwinds begin to mount.

What Happened: During the company’s second quarter earnings call on Wednesday, Musk said, “We probably could have a few rough quarters. I’m not saying that we will, but we could. Q4, Q1, maybe Q2,” referring to the fourth quarter of 2025, along with the first and second quarters of 2026.

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