President Trump's potential dismantling of EV mandates could weaken competition in the market, which might inadvertently benefit Tesla by allowing it to dominate amidst challenges faced by other automakers.
General Motors abandoning its Cruise self-driving initiative after incurring significant losses underscores a larger struggle within the EV industry, which grapples with excessive costs and regulatory obstacles.
Amidst fluctuating performance in the EV sector, attention is shifting toward emerging AI stocks that are expected to surge in 2025, indicating potential investment diversification.
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