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Key Facts
Tesla Inc. (NASDAQ: TSLA) is facing significant challenges with shares down 21% year-to-date due to weakened electric vehicle demand, political uncertainties, and controversies surrounding CEO Elon Musk. Key data reveals a first-quarter revenue drop of 9% year-over-year to $19.3 million, while operating income decreased by 66% to $399 million.
The “One, Big, Beautiful Bill,” expected to be enacted later this month, may impose significant burdens on the U.S. electric vehicle industry, eliminating the $7,500 tax credit for EV purchases and rolling back emissions regulations that favor Tesla’s gas-powered competitors. Additionally, Trump administration policies could lead to political retaliation affecting Musk-affiliated companies.
Looking ahead, the next three years could be pivotal for Tesla as it aims to navigate these pressing challenges and roll out its robotaxis across American cities. Market analysts suggest investors may want to approach Tesla cautiously amid these uncertainties.
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