Saturday, 12 November 2016

Trump’s sweep could be a big setback to Tesla and Elon Musk

Trump’s sweep could be a big setback to Tesla and Elon Musk

The Republican party's sweeping victory at the polls Tuesday may deal a difficult blow to one of America's most closely watched companies: Tesla, the electric car maker that's trying to revolutionize the auto industry. Some of the biggest implications for Tesla may come in the form of new U.S. energy policies that favor traditional fuel sources such as oil and coal, said Kathryn Thomson, a former top lawyer for the Federal Aviation Administration and the Department of Transportation.

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