Goldstein: EV Tax Credit Cuts Won't Affect Long-Term, TSLA Priced to Perfection

Solar companies aren't the only ones facing tax credit cuts. Morningstar's Seth Goldstein talks about President Trump signing congressional orders that would end EV tax credits in California. While Seth sees short-term EV adoption plummeting, he doesn't believe they affect the long-term picture. Turning to Tesla (TSLA), he explains why Morningstar has a $250 fair value price target even though the company trades well above that level.

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