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Congress set to avoid shutdown with a bill that could cement Canada and Mexico tariffs - MarketWatch

1. Senate prepares to pass funding bill, avoiding government shutdown. 2. Bill passage influenced by Musk's cost-cutting efforts within the government. 3. Tariff authority limitations could impact Tesla's supply chain and costs. 4. Funding changes include cuts to IRS, potentially raising budget deficits. 5. Presidential emergency declarations remain influential on trade tariffs.

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FAQ

Why Bullish?

Musk's influence in government may streamline operations, benefiting TSLA. Historical examples show stock performance linked to favorable government policy.

How important is it?

The government's stance on tariffs and funding can significantly affect TSLA's operations and profitability.

Why Short Term?

Immediate funding bill approval may lead to swift market reactions affecting TSLA. In the past, legislative measures have led to quick stock price changes.

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