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This Is Why

Can Tesla survive without Trump?

This Is Why

Sky News

Daily News, News, News Commentary

4.0552 Ratings

🗓️ 17 July 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

Elon Musk's Tesla faces the loss of billions of dollars in government subsidies, following his fallout with Donald Trump. 

This is after the president cut state support for green industries. Subsidies have been central to Tesla's success from upstart manufacturer to the world's largest vehicle maker in less than 20 years. But now the president's cuts could leave a significant gap in its future earnings.  

Sky's business correspondent Paul Kelso and Kate Schneider from our Data and Forensics unit have been looking into the Tesla business to figure out how it makes money. 

Producer: Soila Apparicio 

Transcript

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0:00.0

Uber drivers. Have you seen your pay go down while your fees to Uber go up?

0:05.0

All because of an algorithm that reduces your take-home pay, making you work more for less.

0:10.0

We believe Uber's dynamic pay and upfront pricing is unfair.

0:14.0

That's why Worker Info Exchange has launched the dynamic pay claim to seek compensation for drivers who have lost income. If you've driven for Uber

0:22.7

at any time since 2020, it's time to stand together. Find out more at dynamic pay.org.

0:30.0

Crisp, vibrant and bursting with citrus. Villamaria's New Zealand Sauvignon Blanc is the

0:36.5

perfect wine made to be enjoyed on every occasion.

0:40.5

Whether you're soaking up the sun in your garden, hosting a backyard barbecue or unwinding after a long day,

0:46.9

the zesty lime and lush tropical fruits are always delicious.

0:51.6

Try Villa Maria Sauvignon Blanc, a vibrant New Zealand wine that's perfect for every occasion.

0:57.6

Available at all good wine retailers. Coming up on the daily with Meeniel Patterson, can Tesla survive

1:05.7

without Trump? A Sky News investigation has revealed just how reliant Elon Musk's company is on government

1:13.5

subsidies. So what happens now? The bromance is over. Hans, the GCE. I'm whispering because

1:21.2

as the queen. Queen of social media. It's about time for my ASGMR series.

1:32.4

So I'm recording this on my phone and then I'm going to use Canva to edit and upload it.

1:33.7

Oh, sorry, babes.

1:35.8

I'll make that a whisper when I edit it.

1:40.4

Anyways, Canva makes social media edit so easy.

1:41.6

I'll upload this in a minute.

1:47.4

Canva. Make everything iconic. How do I stop recording, Darren?

1:57.1

Add water to your will. And know that from that single drop, life will grow. Communities will flourish. A better world will be left.

2:03.5

By leaving a gift in your will to Water Aid,

...

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