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Analyst Foresees Potential Decline in Tesla Sales Post-U.S. EV Subsidy Expiration
5 day ago /
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Author：小编
On June 6, Morningstar strategist Seth Goldstein issued a report predicting that Tesla sales might decline following the termination of U.S. electric vehicle subsidies. According to the U.S. spending bill, the $7,500 electric vehicle tax credit will be phased out by the end of 2025, seven years ahead of schedule. Additionally, President Trump has voiced threats to terminate all government contracts and subsidies for Musk's companies. Nevertheless, Goldstein posits that this action will have a more pronounced impact on SpaceX than on Tesla. Morningstar upholds its fair value assessment of $250 for Tesla and asserts that government subsidies will not be the primary catalyst for electric vehicle growth in the long run.
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