US President Donald Trump has made a harsh criticism of electric vehicles, stating:
"Who wants an electric car? I do not want an electric car. It explodes!"
The statement is seen as a direct jab at Elon Musk and Tesla. Against the backdrop of the White House rhetoric, $TSLA shares are down about 6% in pre-market.
⚠️ The high level of political risks and potential pressure on the EV sector raises concerns among investors. Volatility in Tesla shares may increase as the US trading opens.
📊 Keep an eye on the dynamics of $TSLA — pressure from the White House may affect the entire “green” technology sector… although this is temporary…