Remember - Goldman Sachs and Bank of America have the least credibility when it comes to providing honest research to their "regular clients", and tend to err on the side of being excessively conservative. Last year Goldman Sachs said Tesla is either worth $100, $1000, or something like $3,000, basically covering alll bases.
This downgraded doesn't pass the smell test. As far as I'm concerned, anyone who doesn't think SolarCity is a cash vacuum of that Tesla Energy is a big deal has no business analyzing Tesla's business model.
* If Trump decides to fight the transition to Electric Vehicles, it won't affect what the rest of the world does and will further distance the USA from the rest of the world when it comes to transportation. The rest of the world is rapidly moving towards EVs and Solar. The USA is catching up, but is moving much more slowley in terms of public acceptance.
It would be extremely SAD if American's truly opt for gas guzzlers and noisy trucks over EVs as an ode to "Traditional American values" or in response to the push by the oil and coal industries to convince Americans that the horse and buggy is the way to go.
I don't think this will happen.
As I've said before, I find it very concerning that Trump is promising to revive coal country. He is promising false hope to the most disadvantaged people. Coal is a dead industry and its NOT because of Obama! Coal is not cost effective, is horrible for the environment, and the people who work in coal mines are typically taken advantage of by the coal companies. Trump might as well promise to revive the lead industry.