Revenge Begins! Musk is in Danger

The Democrats' revenge against Musk is coming faster and more fiercely than expected!

Tesla has two main types of subsidies in the United States: one is the electric vehicle tax credit policy provided by the U.S. government to encourage electric vehicle purchases, allowing consumers who buy eligible electric vehicles to enjoy a tax credit of up to $7,500; the other is California's zero-emission vehicle subsidy program. The zero-emission subsidy program in California is crucial for Tesla, as California accounts for one-third of Tesla's sales nationwide.

According to the latest news, California, controlled by the Democrats, is preparing to restart this program and exclude Tesla from the subsidies, which would undoubtedly be devastating for Tesla's sales in the U.S.

Coincidentally, as the news from California spread across the U.S. and with Wall Street, which is pro-Democrat, shorting the stock, Tesla's market value evaporated by $320 billion overnight.$FTM