#TrumpVsMusk

Regulatory and Political Risks**

- Trump explicitly threatened to cut federal subsidies and contracts for Tesla, SpaceX, and Starlink, endangering billions in government support. Tesla has received **over $38 billion in federal backing** historically.

- The House version of Trump's budget bill aims to end the **$7,500 EV tax credit** by 2025, potentially costing Tesla **$1.2 billion in annual profit** and hurting demand.

- **Robotaxi delays**: Investors fear Trump may tighten regulations on self-driving technology, jeopardizing Tesla's plan to launch robotaxis in 20–25 cities by 2026. Any regulatory hurdle could cripple Tesla, which is banking on autonomous tech to offset declining EV sales.