Trade Tensions Pull Dow Jones Futures Fall; Tesla Robotaxi Still Set for June 22

Trade tension is rising again. And Wall Street is feeling it. On Tuesday, Dow Jones futures started to slip as investors worried about U.S.-China relations. We’ve seen this before when big countries clash, markets react fast.

At the same time, Tesla is pushing ahead with something bold. Elon Musk confirmed that the company’s long-awaited Robotaxi event is still set for June 22. Markets are shaky, but Tesla is speeding into the future.

Adding to the buzz, former President Donald Trump made headlines in a recent Reuters interview. He praised Elon Musk, saying Musk “knew more about the EV bill than most of Congress.” That’s a big statement, and it tells us how much influence Tesla and Musk now have in both tech and politics.

Meanwhile, some lawmakers want to slow down electric vehicle growth. They’re not happy with how fast things are changing. This puts Tesla in the spotlight again, caught between innovation and Washington power plays.

Let’s discuss how trade tensions, Tesla’s robotaxis, and political fights over EVs are all connected. 

Dow Jones Futures Dip + Tesla’s Robotaxi Rolls Out + Trump vs. EV Policy

Market Panel: Jitters Hit Dow

Markets started Wednesday on edge. Dow Jones futures dipped about 0.1%. Investors reacted to fresh trade news: U.S. and Chinese officials reached a “framework” in London to revive trade talks. It’s calm for now. But unclear next steps have traders on their toes. Tech firms even saw mixed moves today.

We’re tracking this closely. If the deal stalls, more volatility may come.

Robotaxi on June 22: Tesla Steps into the Future

Tesla confirmed its Robotaxi trial begins June 22 in Austin, Texas. They’ll launch with 10-20 Model Y SUVs, fully driverless under remote supervision. Musk says they’re “super paranoid about safety.” A week later, around his birthday on June 28, Tesla aims to send a car from its factory straight to a customer’s home.

This is a big move into real-world autonomy. It may reshape rideshare and self-driving tech if all goes right.

Trump Weighs In: “Elon Knew the Bill Better”

In a recent Reuters interview, Trump said:

He’s referring to the One Big Beautiful Bill. Trump also said, “I’m disappointed in Musk” after Musk called the bill a “disgusting abomination”. That feud went public fast. Trump even hinted at cutting Musk’s government contracts.

Congress Pushes Back: EV Rollbacks in Sight

On Capitol Hill, lawmakers are pushing to phase out the $7,500 new EV tax credit after 2026. A used EV credit worth $4,000 may end this year.

At the state level, many are reducing EV incentives, too. Colorado cut its credit, while other states quietly nixed grants for chargers.

Trump is repealing California’s stricter emission rules. That move will stop rules requiring 80% new EV sales by 2035.

This signals a major shift. Cars that were going electric may slow down.

Weighing the Stakes: Tech, Trade, and Politics

• Trade & markets: The temporary framework with China eases tension, but it’s not a full deal. Markets may shift if negotiations wobble.

• Tesla & Robotaxis: The Robotaxi rollout is historic. It shows Tesla leads in full self-driving. But real-world testing will reveal its strength.

• Politics & EV policy: Trump’s praise for Elon adds drama. Yet Congress and state leaders are pitching EV breaks. That could dent EV sales and Tesla’s growth.

Final Thoughts

We face a complex mix: global trade uncertainty, groundbreaking EV tech, and policy drama in Washington. Tesla sits at the center of it all. The Robotaxi launch and EV incentive fights could redefine roads, politics, and markets. We’ll keep watching how this evolves fast.