Apparently Biden had an Electric Vehicle Summit earlier this week.
Tell me the first name that comes to mind when it comes to electric vehicles?
Tesla ... right? They have practically defined the segment after all.
But which company wasn't invited to Biden's Electric Vehicle Summit?
Testa ... WTF, right?
The companies that were invited all have union workers, Tesla does not. Representatives of the United Auto Workers union were also invited.
So, is it about the climate, the environment, and a genuine desire to promote electric vehicles ... or is it really more about the unions and rewarding political support?
https://www.fool.com/investing/2021/08/06/why-tesla-stock-slipped-today/