carbon credits

Tesla and SpaceX Lose $420 Billion in Market Cap in a Week as Politics Weigh on EV Leader

Tesla and SpaceX shed roughly $420 billion in market value this week, a slide the source links to Elon Musk's rightward political shift and Republican opposition to EV-friendly policy. The piece argues both companies owe much of their early success to Democratic support for EVs, pollution standards, and carbon credit markets.