In a recent post-earnings conference call, Tesla CEO Elon Musk expressed confidence that his company would remain resilient despite potential shifts in U.S. electric vehicle (EV) policies under former President Donald Trump.
Musk highlighted that while Trump's possible removal of support for EVs could significantly impact other automakers, Tesla would experience a lesser effect. \"The value of Tesla overwhelmingly is autonomy. These other things are in the noise relative to autonomy,\" Musk stated.
He acknowledged that Tesla might face some short-term challenges if subsidies are removed. However, Musk emphasized that the long-term outlook for Tesla remains positive, attributing the company's strength to its focus on autonomy and self-driving technology.
Former President Trump, who is running for office again with Musk's support, has been vocal in his criticism of the Biden administration's EV policies and has pledged to end the EV mandate if elected. Despite his strong stance, Trump has yet to provide detailed plans on how he would implement these policy changes.
Musk believes that Tesla's dedication to artificial intelligence and autonomous driving will mitigate the potential impacts of any policy shifts, ensuring the company's continued growth and innovation in the EV market.
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Musk says Tesla will be less affected by potential Trump EV policy
cgtn.com
