TESLA
Prepare for two years of political theater.
BUT grandstanding politicians cannot actually hurt Elon Musk or Tesla or SpaceX.
♦️The President is still the President. He controls the executive branch and has veto power (and pardon power).
♦️Texas is purple, and every Tesla and SpaceX project went through the normal local hearings and permitting processes. The permits were approved because the local residents and officials saw the economic advantage of the jobs.
♦️Markets will stabilize as they realize that this harms other companies more than Tesla and SpaceXSI - which always have a good relationship with local communities. The fundamentals have not changed. Tesla and SpaceXSI can operate independently of the grid if need be.
They will accelerate, not slow down.
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