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Morningstar strategist Seth Goldstein's report indicates that after a subsidy for electric cars expires in the United States, Tesla's sales are expected to decline. He said the US spending bill will cancel the $7,500 tax credit for electric cars by the end of 2025, seven years earlier than originally planned. He mentioned that US President Trump has also threatened to cancel all government contracts and subsidies for Musk, which will have a greater impact on Musk's SpaceX than on Tesla. Currently, Morningstar maintains a fair value estimate of $250 for Tesla's stock. Morningstar believes that subsidies are not a long-term growth driver for electric cars.