Comment by pjc50

What I read is that Musk believes Tesla has reached a point where they have enough economies of scale and mature enough processes and infrastructure that they can sell at a price without subsidies that is competitive with non-EVs and still makes them a nice profit.

His competitors are still taking a loss on their EV sales, and he believes that they cannot afford to lower prices and so the loss of subsidies will greatly harm them.

Even if the loss of subsidies do reduce the number of EVs sold per year, Tesla stands to get a larger percentage of that market.

As far as I can tell Elon seem to have lost interest and doesn't care much anymore about Tesla as a Car company the moment where he realized it likely will be just one of many E-Car companies and he likely won't win the race to full self driving in any in a larger picture dominant way.

But Trump in the past multiple times said more or less "he will stop EV mandates and move the subventions over to battery development and production". I.e. if he doesn't just do the first half it means subventions move from profiting a variety to car companies to mainly profiting Tesla(as a battery company).

I.e. this seems long term beneficial for him.