While long-term investors appear to see substantial upside for Tesla from a Trump presidency, we’d be much more circumspect about Tesla stock at current levels.

Yes, Tesla CEO Elon Musk spent considerable effort (and money) helping to elect Trump, becoming a sort of direct advisor to the president elect in the process. That might buy him some influence in a second Trump administration (and seemingly already has) but it's Trump's proposals for the regulatory environment surrounding vehicles and AI — most of which were registered before Musk's campaign involvement — that stand to help his new buddy Elon's car company.

Coming into Wednesday trading, Tesla stock was up about 35% since the Nov. 5 presidential election and up about 36% year to date.

Tesla may advertise its impending Cybercab robotaxi fleet as a self-driving service, but new job listings indicate human workers may still be required to remotely drive the cars. As spotted on Wednesday by Gizmodo,

A recently spotted Tesla job listing advertises a role to build out a remote teleoperations team for the firm’s upcoming robotaxi fleet. “Tesla AI’s Teleoperation team is charged with providing remote access to our robotaxis and humanoid robots,

Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases,

Gov. Gavin Newsom is gearing up for a fight against the incoming Trump administration on electric vehicles. Tesla is on the frontlines.