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Tesla Faces Potential 52% Earnings Hit From Trump Tax Bill, JPMorgan Warns

by TheAdviserMagazine
7 months ago
in Money
Reading Time: 1 min read
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Tesla Faces Potential 52% Earnings Hit From Trump Tax Bill, JPMorgan Warns
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Tesla could lose more than half its earnings before interest and taxes (EBIT) if proposed policy changes backed by Donald Trump become law. That is the conclusion of JPMorgan analyst Ryan Brinkman, who issued a client note detailing potential financial consequences for the electric vehicle maker. Brinkman’s report, cited by CleanTechnica and TheStreet, states that Tesla could face a 52%



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