Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI chipmakers.

The US president confirmed overnight that the 50% copper tariff will come into place on 1 August, and announced a 50% tariff on goods from Brazil.

These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.

Jefferies analysts admitted they “got it wrong” and reportedly stated that the investment tax credit runway through 2027 for solar and beyond 2030 for storage is favorable for the stock. It also said that Trump’s executive orders on ending green energy subsidies were “better than our worst cases feared."

Shares in Tesla tanked by as much as 7.6% in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump.

Wedbush analyst Dan Ives wrote that the EV maker’s directors need to set ground rules for the CEO regarding his political activities.

Tesla (TSLA) shares lost about 7% on Monday after billionaire Elon Musk announced plans to launch a new political party – the “America Party.” Musk’s announcement arrives on the heels of his very public feud with President Donald Trump.