The incumbency of a new President can signify great changes in the operation of Americans’ favorite company Tesla Motors, which develops technologies, based on pure energy, AmericaRU reports.
The rapid distribution of solar roofs in the USA was carried out thanks to President Obama’s administration policy. As Trump, according to his pre-election statements, does not intend to finance energy development programs, then the future of other Elon Musk’s company SolarCity Corp, which should merger with Tesla Motors, remains doubtful. SolarCity Corp is the largest manufacturer of solar batteries for domestic and industrial use.
However, most experts consider that the policy of a new executive office of the President does not impact pure energy market. Even without additional subsidies, the renewable energy sources will become cheaper, which means more popular among users. Consequently, Tesla Motors electric cars will also be actively sold.
Even if the economic incentives from the state are suddenly suspended next year, this sector will eventually recover, because prices continue dropping.