CNBC Daily Open: Triple Whammy for Tesla

Tesla is experiencing an uneven trip.

Electric cars on Wednesday reported the second quarter in a row of lowering Automatic salt. In Europe Tesla Share on the market In June, he fell to the sixth month to 2.8% from 3.4% a year ago.

Trump administration plans are reportedly return Pressing the United States for pure vehicles is likely to hit Tesla.

A Tax Credit on $ 7,500 EV The US will expire in late September, indirectly raising the cost of Tesla vehicles. Meanwhile, traditional manufacturers will no longer need to buy Credits on EV Adjustment From Tesla – receiving them free of charge because its vehicles are completely electric – because the Trump administration intends to stop the fines of traditional manufacturers for missing emission standards. This means that Tesla will soon lose source of profit.

It is said that bad things come to the top three. Here’s the last.

While Holding Tesla is currently worth 1.24 billion Investor deckIt can cost billions more. In 2022 the company dropped 75% of its bitcoin. Cryptocurrency trades at about $ 118,000. When Tesla sold its possessions, it traded about $ 19,000.

If there is a comfort even if US President Donald Trump “Big Big Bill” will affect Tesla, Trump – Note On Thursday, this was not a focused measure. “I want Elon and all businesses in our country to flourish, in fact, thrive as ever!”

Can Trump’s mood help pave a smoother road for Tesla, this is another matter.

– Arjun Harpal and Laura Kojlod in this report contributed to this report

As Trump Visit Scotland, UK looks to settle some incomplete business

US President Donald Trump is to visit two golf sites owned by Trump in Turnbury and Azerdin on Friday and Tuesday, as well as one of his new golf sites to open in August.

It must also hold an informal meeting with British Prime Minister Keir Starr. The question is where we can see some “give and take” in the US-UK trading, Calum Piking, Chief Economist in Peel Hunt, said CNBC on Wednesday.

– Holly Elitt