Elona Muska was in the center of investors' interest after information about significant decreases in income. “Financial Times” indicates that Thursday morning brought a sharp decrease in Tesla's action – their value decreased by 8.5 percent. This is a continuation of a larger trend: from reaching the summit in mid -December, stock prices have sank by as much as 35 percent. The reason is the financial results for the second quarter, which showed a decrease in profits by over one -fiveand warnings related to the activities of Donald Trump's administration.
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Elon Musk, the general director of Tesla, pointed to the concerns related to the policy of the American president, including the potential withdrawal of concessions related to the purchase of electric vehicles. In public statements, Musk noticed that such activities may have a negative impact on the company's revenues. “We are in a transitional period in which we lose a lot of incentives in the United States,” said Musk. He added that “it is possible that we have several difficult quarters.”
Trump in Thursday's Truth Social platform responded to these allegations, emphasizing that his goal is not to hurt Musk or his company. The president noted that he cares about Tesla's business success and the entire sector: “I want Musk and all companies in our country to develop, even develop like never before!“At the same time, he rejected the accusation of willingness to receive large subsidies that Tesla would use:” This is not true! “
Relationships between Musk and Trump, once close, have been significantly cooled in recent months. Cooperation, which at the beginning of the second term of the president seemed fruitful, is currently in question.
