The electric vehicle (EV) industry is caught in a high-stakes tug-of-war. U.S.-China trade tensions are jolting the battery supply chain after President Trump imposed a hefty 93.5% U.S. tariff on Chinese graphite, sending shockwaves through the market. It comes just days after China announced new export controls on critical battery technologies, tightening its grip on global supplies.
For EV titan Tesla (TSLA) and rising U.S. rare earth producer MP Materials (MP), these moves reshape the playing field. As costs climb and opportunities emerge, investors face a pivotal choice: stick with Tesla’s turbulent ride or bet on MP Materials’ upward surge. Here’s why investors might consider dumping TSLA and buying MP.
This post originally appeared at Money Morning.