Donald Trump‘s winning the 2024 presidential election is expected to have a negative impact on the electric vehicle sector. Tesla Inc (NASDAQ:TSLA) could benefit from CEO Elon Musk’s close relationship with the president-elect. However, the company’s plan to build a Gigafactory in Mexico could be at stake. What Happened: Tesla reportedly plans to build a gigafactory in Mexico. The facility could produce sub-$30,000 vehicles, Model Y units, batteries and the Cybertruck. Tesla hasn’t confirmed its plans in Mexico. Still, the country’s economic minister is asking questions after Trump won on Elec…
