Data: Tesla briefly fell below $312, with a decline of over 5%
ChainCatcher news reports that, according to market data, Tesla briefly fell below $312, with a decline of over 5%.ChainCatcher previously reported that, according to Jinshi reports, institutions have stated that by the end of this year, Trump's massive tax bill will largely eliminate the $7,500 tax credit for certain Tesla models and other electric vehicle buyers, seven years earlier than originally planned.J.P. Morgan analysts indicated that this will result in a hit of about $1.2 billion to Tesla's annual profits. Since leaving his formal advisory position at the White House last week, Musk has been working to prevent the president from signing the tax bill, which he called "disgusting." Musk has been lobbying Republican lawmakers— including directly appealing to House Speaker Johnson to retain the electric vehicle tax credit in the legislation.