"Tesla has the scale and scope that is unmatched in the EV industry and this dynamic could give Elon Musk and Tesla a clear competitive advantage in a non-EV subsidy environment," Wedbush analysts wrote.
"Additionally, the Wedbush analysts wrote that a likely increase in tariffs on Chinese goods would 'continue to push away cheaper Chinese EV players (BYD, Nio, etc.) from flooding the US market over the coming years.'
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