Tesla may be suppressed if Trump is elected as US president

Republican candidate Trump was elected as the new president of the United States, and all industries began to analyze his policy trends. In the automotive industry, a large number of traditional car companies represented by Volkswagen have expressed pessimism. Unexpectedly, even the American new energy car Tesla is not immune and is considered to have a worrying future.

During the campaign, Trump once voiced opposition to Hillary's promotion of renewable energy. He believed that the current green energy was backward and unreasonable, and this attitude caused concerns in the global market. After Trump takes office, he may formulate policies that are favorable to the development of traditional energy such as oil and coal, while ignoring new energy, and the preferential policies for electric vehicles may disappear.

Trump once hinted that he would end the regulation of fossil fuels, approve the construction of the Keystone XL oil pipeline, and increase support for the coal industry. He also said that after taking office, he would use fossil energy such as shale oil, shale gas, natural gas, and clean coal in the United States on a large scale, so that the United States can achieve comprehensive "energy independence" while maintaining clean air in the United States.

"Energy independence" has been the core energy policy of the United States since 1973. The world is still in the oil machine era. Industrial powers that were once heavily dependent on oil, such as the United States, have been severely hit by crude oil shortages or shocks in history, causing large-scale industrial shutdowns, public panic and looting, inflation, and economic regression. Therefore, all modern American presidents, such as Nixon, Carter, Bush Sr., Clinton, Bush Jr., etc., have made "energy independence" one of their core governing goals.

Trump's enthusiasm for "energy independence" has made people worry about the future development of electric vehicles such as Tesla. According to the previous regulations, as long as the manufacturer of electric vehicles has not reached the tax reduction deadline set by the federal government, consumers can enjoy a $7,500 tax credit when purchasing electric vehicles. This has reduced the price of Tesla Model 3 from $35,000 to $27,500. However, due to the Trump administration's opposition to the government's policy of picking winners and losers, these tax credit policies may be cancelled in the future.

As a result, electric car prices could rise, which is bad news for Musk's efforts to develop low-cost electric cars that mainstream consumers can afford, or for customers who want to buy electric cars.

However, new energy and Tesla fans don't have to worry too much. "Energy independence" and new energy are not completely contradictory, because the deep motivation of the United States to promote the new energy economy is not to abandon oil to shift the energy strategy, but to implement another strategic containment of other major economies after realizing the re-arrangement of global oil resources. The ultimate goal of Trump's energy program is actually the same as the new energy advocated by Hillary, but the implementation priority order is different. And with the current development of electric vehicle technology and people's love for it, these obstacles should be overcome. After all, electric vehicles are the general trend of the future development of the entire industry.

Tesla has not responded to this yet, but the company's CEO Elon Musk has publicly stated that Trump is "not the right person to enter the White House."

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.