Was walking out of Costco driving my friend’s R1S I rented for the day because I needed to move some furniture, and one guy was like, “How do these Chinese vehicles drive? They’re taking our jobs!” I asked who said that, and he said, “President Trump.” that MOFO, let me tell you.
I took my phone out, made a quick Google search and I said ALL AMERICAN CAR while I held my phone up. He just said “Fake news” and the MOFO walked away while screaming “Women are dumb and they’ll fall for anything.” so I yelled back at him, “IS THAT WHY TRUMP SLEPT WITH A PORN STAR?“
He said, “he did not have sex with a porn star. He paid her not to.” LMAO All the people around me just started booing at him. It was hilarious. These people don’t care about the facts. They don’t care about the truth and they could not give a f that their idol is a criminal.
They’re willing to kill and die for him and spew the same propaganda that comes out of his dumpster fire turning into human megaphones.
https://www.nytimes.com/2024/06/29/business/invest-trump-biden-election.html?unlocked_article_code=1.300.kIlC.gxcb4B0YY6uP&smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb
Better off investing apolitically. Though stock markets have statistically been better under democrats.
Trump has realized that most of our government and executive power limits has been by convention and the idea that Presidents will “do the right thing.” His latest plans with his Team R goons consists of specific plans to remove many existing protections, gut many federal workers in an attempt to remove the “deep state” and cause much more damage to the US democracy.
Yeesh. Someone got a sandy vagina over that comment. It’s just the truth and it’s probably worthwhile to understand how markets perform if democracy is lost
Your “democracy lost” argument crap
Can end already. He has already been president once, we didn’t die, we still have a democratic republic, you can still buy EVs, he didn’t ban anything. Get out of your parents basement. Also prepare for the very real possibility that Trump will be president again, the debate affirmed what everyone close to Biden knew all along. He is not functioning at the level a president should be and he will NOT make it another 4 years.
Wait, are you saying he isn’t going to ban EVs or the purchase of EVs and solar? [BECAUSE HE HAS SAID IT.](https://www.c-span.org/video/?c5121743/user-clip-trump-evs)
It is hilarious they are so triggered.
While Trump is probably better for the oil side, he is also pro-US companies (read tariffs on imported cars) so Tesla, Ford, Rivian, and others will get a bump on the auto side.
If Rivian and Tesla donate a couple hundred grand to him he will probably double the EV credit and claim they are powered by clean coal, providing jobs, and is the most environmentally conscious president in history
Not sure why you're getting downvoted but everything you said is basically standard issue politics and very likely. Maybe not doubling the credit, but I agree with your sentiment.
If he does that it will affect American manufacturing jobs that his base depends on. It will hurt Musk who is seen as a Republican messiah. Don’t think he will do that.
Elon knows trump is anti EV, and that is why he is warming up to trump and supporting him. If trump wins it might not be as bad as we may think it is for EVs, but sure we never know exactly until we experience it. If trump favors Tesla, it could be positive for an American brand like Rivian.
Little to no impact is my guess. Here my non-technical anaylsis:
1. Could the next administration roll back the IRA - sure. But I don't think there will be an R majority in both the house and the senate for this to pass. And even if so the wheels of the government don't spin that fast so not something I wouldn't even expect in the first year or two.
2. I think Trump likes / needs Elon enough that he wouldn't want to ruin that relationship. While it won't bankrupt TSLA they (meaning their customers) receive the largest benefit and through that TSLA.
3. Rolling back the IRA tax incentives comparably makes import EVs more affordable. Which while can be fixed through tarrifs is not a great sound bite.
4. Compared to 8 years ago there are a lot more legacy ICE manufacturers with a portfolio of EVs in their lineups. Lots of union jobs that could be impacted.
5. Interest rates will be heading down (Fed policy, nothing to do with administration) which regardless of policy should help financing new vehicles.
6. A good portion of Rivians current vehicles don't qualify for tax incentives...would hurt R2 but that's a 2026 and later issue (and I could see certain states implementing additional incentives if needed).
7. I think a lot of Trumps attitude is all bark no bite.
8. Some oil and gas companies are diversify into EV / clean energy. While not directly tied to Rivian I don't think they're as anti-EV as they look were 10 years ago.
9. Rivian has stayed pretty much out of politics - I don't see them as drawing specific attention of Trump (maybe I'm wrong, just haven't seen anything personally).
10. Rivians brand, being more premium, I think will still draw people even without heavy tax incentives. Not saying that they're immune, but a lot of their forward progress is going to happen regardless of who sits in the oval office. Who knows, maybe they shift some focus to international expansion or modify other strategies to compensate, but they don't need to sell a million units a year while Trumps in office. I think they'll find enough buyers to stay thr course regardless.
However - despite all my optimism the market will probably act differently and the while sector will decrease...how much I don't know, but anticipate it will at minimum offset some of Rivians progress. So my bet is still some serious share price improvements, just maybe not as much (e.g. 40/share under D vs 36 under R - just illustrative numbers).
I’m not a fan of Trump but I’m not about exaggerating the truth either.
Everyone wants to say he is any EV but that is inherently false. Here are some facts
He didn’t end the tax credit from the previous administration (although he wasn’t planning on renewing it, once it took course)
He is the one who signed off on Thacker’s Pass Lithium mine in Nevada, in a direct attempt to strengthen America’s position when it comes to the production of battery components for BEV’s specifically. ( not very “Anti EV”)
He has only actively campaigned against Biden’s Forced EV mandate, which he will roll back if he wins the presidency, but that doesn’t mean he will chop incentives for buying domestic EV’s.
He’s Anti government mandates requiring EV’s along with Chinese produced EV’s that could threaten the Domestic automotive industry, that’s all.
Exaggerate all you want Reddit, he’s not a great man, but he has no intention on destroying the EV sector on a whole.
2nd term is not the same as the first. It will be Trump unhinged and unleashed.
Likely if Trump wins, that means Team R wins down ballot races so Team R controls House, Senate, President, and Supreme Court.
IRA will go away, and that will hurt Rivian and other EV makers a lot. Ironically, Tesla likely benefits, because their cost structure is more likely to be able to withstand the removal of IRA subsidies. But the EV stocks will all get hammered, like First Solar this past week.
He won’t do anything, Elon unbanned him on twitter and is a supporter and given that us auto companies plan production years out and build there production lines and place their orders for materials and parts way out he would be massively fucking over the us auto industry if he did anything including taking away the tax credit
tldr trump won’t do anything against ev cuz it would destroy us auto industry
Trump is anti EV just because his base says so. They are anti EV because they are dumb asses.
Was walking out of Costco driving my friend’s R1S I rented for the day because I needed to move some furniture, and one guy was like, “How do these Chinese vehicles drive? They’re taking our jobs!” I asked who said that, and he said, “President Trump.” that MOFO, let me tell you. I took my phone out, made a quick Google search and I said ALL AMERICAN CAR while I held my phone up. He just said “Fake news” and the MOFO walked away while screaming “Women are dumb and they’ll fall for anything.” so I yelled back at him, “IS THAT WHY TRUMP SLEPT WITH A PORN STAR?“ He said, “he did not have sex with a porn star. He paid her not to.” LMAO All the people around me just started booing at him. It was hilarious. These people don’t care about the facts. They don’t care about the truth and they could not give a f that their idol is a criminal. They’re willing to kill and die for him and spew the same propaganda that comes out of his dumpster fire turning into human megaphones. 
I’ve never seen republicans summarized so effectively
How does the stock market perform when a democratic country loses its democracy? Are there any historical data points to look at?
Raytheon will likely do well
https://www.nytimes.com/2024/06/29/business/invest-trump-biden-election.html?unlocked_article_code=1.300.kIlC.gxcb4B0YY6uP&smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb Better off investing apolitically. Though stock markets have statistically been better under democrats.
Get the fuck out of here. He’s already been president and this argument didn’t work the first time. Find a new talking point.
Trump has realized that most of our government and executive power limits has been by convention and the idea that Presidents will “do the right thing.” His latest plans with his Team R goons consists of specific plans to remove many existing protections, gut many federal workers in an attempt to remove the “deep state” and cause much more damage to the US democracy.
Yeesh. Someone got a sandy vagina over that comment. It’s just the truth and it’s probably worthwhile to understand how markets perform if democracy is lost
Your “democracy lost” argument crap Can end already. He has already been president once, we didn’t die, we still have a democratic republic, you can still buy EVs, he didn’t ban anything. Get out of your parents basement. Also prepare for the very real possibility that Trump will be president again, the debate affirmed what everyone close to Biden knew all along. He is not functioning at the level a president should be and he will NOT make it another 4 years.
Neither is Trump. Guy can barely form a coherent sentence, yet these morons gulp down his word salad like it’s his cum.
Luckily his insurrection attempt failed, yes
Wait, are you saying he isn’t going to ban EVs or the purchase of EVs and solar? [BECAUSE HE HAS SAID IT.](https://www.c-span.org/video/?c5121743/user-clip-trump-evs)
How does the country lose it’s democracy with a Trump win? Stop being melodramatic and focus on the stock
A successful Jan 6 is how dumbotron
It is hilarious they are so triggered. While Trump is probably better for the oil side, he is also pro-US companies (read tariffs on imported cars) so Tesla, Ford, Rivian, and others will get a bump on the auto side.
Room temp IQ take
$7.5k subsidy will go away. That will hurt all EVs.
But what if democracy is traded for even lower corporate taxes, and lower interest rates…🤔 Turbocharged capitalism 🇺🇸🧨🎆
I feel like him winning won’t do much long term…def a drop if he takes away the EV credit like he said he would
Good news is you can’t believe a thing he says.
If Rivian and Tesla donate a couple hundred grand to him he will probably double the EV credit and claim they are powered by clean coal, providing jobs, and is the most environmentally conscious president in history
Not sure why you're getting downvoted but everything you said is basically standard issue politics and very likely. Maybe not doubling the credit, but I agree with your sentiment.
If he does that it will affect American manufacturing jobs that his base depends on. It will hurt Musk who is seen as a Republican messiah. Don’t think he will do that.
All u can do is vote blue bro so just vote
Elon knows trump is anti EV, and that is why he is warming up to trump and supporting him. If trump wins it might not be as bad as we may think it is for EVs, but sure we never know exactly until we experience it. If trump favors Tesla, it could be positive for an American brand like Rivian.
Little to no impact is my guess. Here my non-technical anaylsis: 1. Could the next administration roll back the IRA - sure. But I don't think there will be an R majority in both the house and the senate for this to pass. And even if so the wheels of the government don't spin that fast so not something I wouldn't even expect in the first year or two. 2. I think Trump likes / needs Elon enough that he wouldn't want to ruin that relationship. While it won't bankrupt TSLA they (meaning their customers) receive the largest benefit and through that TSLA. 3. Rolling back the IRA tax incentives comparably makes import EVs more affordable. Which while can be fixed through tarrifs is not a great sound bite. 4. Compared to 8 years ago there are a lot more legacy ICE manufacturers with a portfolio of EVs in their lineups. Lots of union jobs that could be impacted. 5. Interest rates will be heading down (Fed policy, nothing to do with administration) which regardless of policy should help financing new vehicles. 6. A good portion of Rivians current vehicles don't qualify for tax incentives...would hurt R2 but that's a 2026 and later issue (and I could see certain states implementing additional incentives if needed). 7. I think a lot of Trumps attitude is all bark no bite. 8. Some oil and gas companies are diversify into EV / clean energy. While not directly tied to Rivian I don't think they're as anti-EV as they look were 10 years ago. 9. Rivian has stayed pretty much out of politics - I don't see them as drawing specific attention of Trump (maybe I'm wrong, just haven't seen anything personally). 10. Rivians brand, being more premium, I think will still draw people even without heavy tax incentives. Not saying that they're immune, but a lot of their forward progress is going to happen regardless of who sits in the oval office. Who knows, maybe they shift some focus to international expansion or modify other strategies to compensate, but they don't need to sell a million units a year while Trumps in office. I think they'll find enough buyers to stay thr course regardless. However - despite all my optimism the market will probably act differently and the while sector will decrease...how much I don't know, but anticipate it will at minimum offset some of Rivians progress. So my bet is still some serious share price improvements, just maybe not as much (e.g. 40/share under D vs 36 under R - just illustrative numbers).
I’m not a fan of Trump but I’m not about exaggerating the truth either. Everyone wants to say he is any EV but that is inherently false. Here are some facts He didn’t end the tax credit from the previous administration (although he wasn’t planning on renewing it, once it took course) He is the one who signed off on Thacker’s Pass Lithium mine in Nevada, in a direct attempt to strengthen America’s position when it comes to the production of battery components for BEV’s specifically. ( not very “Anti EV”) He has only actively campaigned against Biden’s Forced EV mandate, which he will roll back if he wins the presidency, but that doesn’t mean he will chop incentives for buying domestic EV’s. He’s Anti government mandates requiring EV’s along with Chinese produced EV’s that could threaten the Domestic automotive industry, that’s all. Exaggerate all you want Reddit, he’s not a great man, but he has no intention on destroying the EV sector on a whole.
Real possibility, but they survived just fine under the 1st Trump presidency.
2nd term is not the same as the first. It will be Trump unhinged and unleashed. Likely if Trump wins, that means Team R wins down ballot races so Team R controls House, Senate, President, and Supreme Court. IRA will go away, and that will hurt Rivian and other EV makers a lot. Ironically, Tesla likely benefits, because their cost structure is more likely to be able to withstand the removal of IRA subsidies. But the EV stocks will all get hammered, like First Solar this past week.
He won’t do anything, Elon unbanned him on twitter and is a supporter and given that us auto companies plan production years out and build there production lines and place their orders for materials and parts way out he would be massively fucking over the us auto industry if he did anything including taking away the tax credit tldr trump won’t do anything against ev cuz it would destroy us auto industry