The new tax law in the United States has a significant impact on Tesla's finances. The removal of tax incentives for electric vehicles and increased operational costs pose a challenge for the company.
As a result, Tesla's sales and revenue have decreased. Operational costs have also risen due to higher taxes and import costs for components.
However, Tesla can take strategic steps to mitigate the impact, such as improving production efficiency and developing new products.
References:
- "Tesla's Q2 2022 Financial Report." Tesla, 2022. - "New Tax Law Impacts Electric Vehicle Incentives." Forbes, 2022.
trading is not just about guessing up or down, it is all about the knowledge of oneself, data, and technicals, if you are a trader you must improve yourself first
#TradingTypes101 Trading or what can be interpreted as trading, if we are trading we must look for opportunities to achieve the highest profit so if you want to profit tighten your stop loss and do not hesitate to close the position.