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RE: LeoThread 2025-03-06 13:57

in LeoFinance7 months ago

Part 5/10:

In 2024, Donald Trump suggested that interest on car loans for vehicles manufactured in the U.S. should be fully tax-deductible, aiming to bolster American auto production and deter Chinese automakers from gaining a foothold in the U.S. market. If approved, this policy could favor Tesla overwhelmingly, given that 100% of its U.S. delivered vehicles are made domestically. While this initiative has triggered mixed reactions—largely due to concerns over potential insider deals between Trump and Tesla CEO Elon Musk—it represents a broader push towards supporting domestic manufacturing.