A Tesla analyst as we speak stated that traders shouldn’t lose sight of what’s actually vital within the grand scheme of being a shareholder, and that any near-term drama between CEO Elon Musk and U.S. President Donald Trump shouldn’t outshine the progress made by the corporate.
Gene Munster of Deepwater Administration stated that Tesla’s progress in autonomy is a a lot bigger affect and a considerably greater a part of the corporate’s story than any disagreement between political insurance policies.
Munster appeared on CNBC‘s “Closing Bell” yesterday to reiterate this level:
“One factor that’s important for Tesla traders to recollect is that what’s happening with the enterprise, with autonomy, the progress that they’re making, albeit early, is far greater than any feud that’s going to occur week-to-week between the President and Elon. So, I perceive the response, however finally, I believe that cooler heads will prevail. In the event that they don’t, autonomy remains to be coming, by hook or by crook.”
BREAKING: GENE MUNSTER SAYS — $TSLA AUTONOMY IS “MUCH BIGGER” THAN ANY FEUD 👀
He says robotaxis are coming regardless ! pic.twitter.com/ytpPcwUTFy
— TheSonOfWalkley (@TheSonOfWalkley) July 2, 2025
It is a level that different analysts like Dan Ives of Wedbush and Cathie Wooden of ARK Make investments additionally made yesterday.
On two events over the previous month, Musk and President Trump have gotten concerned in a really public disagreement over the “Massive Stunning Invoice,” which formally handed by way of the Senate yesterday and is making its option to the Home of Representatives.
Musk is upset with the spending within the invoice, whereas President Trump continues to reiterate that the Tesla CEO is simply annoyed with the removing of an “EV mandate,” which doesn’t exist federally, neither is it one thing Musk has expressed any frustration with.
In truth, Musk has pushed again in opposition to preserving federal subsidies for EVs, so long as gasoline and oil subsidies are additionally eliminated.
Nonetheless, Ives and Wooden each stated yesterday that they consider the political hardship between Musk and President Trump will go as a result of each understand the world is a greater place with them on the identical group.
Munster’s perspective is that, although Musk’s feud with President Trump might apply near-term stress to the inventory, the corporate’s progress in autonomy is a sign that, in the long run, Tesla is ready as much as succeed.
Tesla launched its Robotaxi platform in Austin on June 22 and is increasing entry to extra members of the general public. Austin residents are actually reporting that they’ve been invited to affix this system.
