Unhedged

What makes Tesla run?

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June 12, 2025 3:00pm

19m

Tesla stock feels like it runs on uncut animal spirits. But the company’s fortunes have been bound up with the US government since long before the Trump administration.Today on the show, Rob Armstrong and Aiden Reiter sort through the factors that drive the company’s stock. Also, they go long the price of copper and long short shorts.


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You can email Robert Armstrong and Katie Martin at unhedged@ft.com.


Read a transcript of this episode on FT.com


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