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Tesla after Trump

8 June 2025
in World
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Tesla after Trump
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The May jobs report showed positive results, with the US private sector adding 139,000 jobs and the unemployment rate steady at 4.2%, leading to a 1% rise in the stock market. In contrast, Tesla’s stock fell 14% following the breakdown of the partnership between Trump and Musk, which had initially boosted shares by nearly 45%. Analysts predict further declines in Tesla’s sales due to increased competition and potential losses from proposed tax credit changes, while some remain optimistic about future sales and market conditions.

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