Tesla CEO Musk responds to Trump, says 'cut it all. Now'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
0mins
Trump's Criticism of Musk and EV Mandates: President Trump criticized Elon Musk for his support of electric vehicles (EVs) and suggested that the EV mandate is unnecessary, arguing that it forces people to own electric cars and that Musk benefits significantly from government subsidies.
Musk's Response: In response to Trump's post, Musk stated he wants to eliminate all subsidies immediately, indicating a strong stance against the current financial support system for electric vehicle production.
Analyst Views on LI
Wall Street analysts forecast LI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LI is 21.12 USD with a low forecast of 17.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
2 Buy
8 Hold
1 Sell
Hold
Current: 16.690
Low
17.00
Averages
21.12
High
32.00
Current: 16.690
Low
17.00
Averages
21.12
High
32.00
About LI
Li Auto Inc is a holding company primarily engaged in the design, development, manufacturing, and sales of smart electric vehicles. The Company’s main products include the Li L9, Li L8, Li L7, Li L6, and Li MEGA, encompassing six-seat sport utility vehicles (SUVs), five-seat SUVs, and multi-purpose vehicles (MPVs). The Company is also engaged in research and development activities relating to intelligent vehicle technologies, the design, development and manufacturing of various components and systems for new energy vehicles, and the provision of value-added services such as charging, vehicle maintenance and repair. The Company mainly conducts its businesses within domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
