Trump's Plan To Revoke $7,500 EV Tax Credit Is A 'Huge' Negative For Tesla, Says Gary Black, Downplays Impact On Rivals - Tesla (NASDAQ:TSLA)
1. Removal of the $7500 tax credit raises TSLA vehicle prices. 2. Tesla holds 30-35% of US global EV market share. 3. Competitors hold only 4-5% of their global volumes. 4. Tesla's past price cuts faced no significant competition exits. 5. Future impacts of tax credit removal remain debated.