The Timing of Trump’s China Announcement Is Incredibly Convenient for Tesla

Tesla released the profits of the first quarter on Tuesday, and revealed that his net income had decreased by 71 percent amazing since the first quarter of last year.

Sales decrease dramatically all over the world, and this is largely due to the CEO of Tesla El Musk controversial.

However, the shares of the company rose more than seven percent on Wednesday morning, indicating the optimism of the early investor.

Why? One of the undeniable factors is musk, which during Tuesday’s invitation is that he will spend more of his time leading Tesla – and less time to overcome the federal government – something that investors have been pleading with for a while now.

But there is a very auspicious worker: president Donald Trump’s announcement that he is planning to be a “very nice” for China, hinting to a possible transformation in the US -state’s trade war.

This advertisement could not have come in a more convenient moment for Tesla, as it decreased after the catastrophic revenue numbers on Tuesday, but before the opening of the markets on Wednesday, the photography of the entire market – and Tesla – is heading towards “Trump, which resulted from all commercial positions.

Add everything, and it seems that Trump was his musk friend in a tremendous favor by giving him incredible news at the moment he needed more than others.

The Wall Street reaction was quickly in the light of the news, as the S&P 500 index increased by 2 percent and the AI ​​Chipmaker Nvidia shares rose by four percent.

like Bloomberg This is reported, the assembly indicates some of the largest stock gains in the market within about two weeks. Trump’s tariff, which aims to a major sale, has caused a major sale, which has led to the worst April on the industrial average of Dow Jones since 1932.

Even international markets rose in light of the news, indicating a great sigh of satisfaction that Trump can finally reach his senses.

Musk also admitted during a profit call on Tuesday, while Tesla was “stronger than any of our competitors” thanks to “translated supply chains”, “the tariff is still difficult for the company when the margins are still low.”

“Thus, as you know, I will continue to defend low definitions instead of the higher definitions,” Musk has argued, but that’s all I can do. “

But given Trump’s rapid variable tune, it seems that his closest ally has recently proven that he was convincing enough to reduce rates, which could provide some comfort that affects the need for huge spaces for the American economy.

This will not be the first time that Trump turned back to help the car maker in Musk. Earlier this year, Trump turned the grass in front of the White House to the improvised Tesla showroom in a bare attempt to support some enthusiasm for the already distorted cars brand.

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