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Benzinga
Benzinga
Business
Badar Shaikh

While Tesla Is Warning Trump, These Two Rivals Are Quietly Hitting Fresh Highs On Wall Street As EPA Seeks To Repeal 2009 Endangerment Finding

Donald Trump EPA Tesla Inc. Trump Administration GM
Electric vehicles

As Tesla Inc. (NASDAQ: TSLA) recently urged the Trump administration against repealing the 2009 Endangerment Finding, the EV giant's rivals are nearing record highs in pre-market.

What Happened: Tesla's two Detroit-based rivals’ stock is performing well as both Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) reached 52-week highs in pre-market trading on Monday as investors see the Trump administration's pro-ICE decisions as a favorable factor for the companies. 

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