Frances Edmund
03-12

$Tesla Motors(TSLA)$

President Trump’s endorsement of Tesla today is potentially HUGE. Recall that 77.3M (49.9%) of American adults who voted selected Trump. Applying 49.9% to the total U.S. adult population of 260M implies 129.7M who likely align themselves with Trump and respect Trump’s opinions. From Morning Consult we learned that 26% of Republicans would consider buying a Tesla. That’s 33.7M potential U.S. TSLA buyers among Republicans. If even 5% of Republicans who would consider buying a TSLA buy one after seeing today’s Trump/TSLA infomercial that’s 1.7M incremental TSLA purchases, vs a $TSLA FY’25 global delivs forecast of 1.8M.

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