Will tech billionaire Elon Musk’s company survive as he cozies up to President Donald Trump?
JPMorgan analysts told clients last week that they expect Tesla to report its lowest number of deliveries since the third quarter of 2022 and an 8% decline from the first quarter of 2024, according to a Forbes report. Ryan Brinkman, the analyst who leads the JPMorgan group, said Tesla is facing the “acute” effects of Musk’s “more divisive new role in government,” Forbes reported.
