Through Monday’s close, Tesla stock was up 5.7% in 2024, trailing the S&P 500 by about 14 percentage points, while shares of EV start-ups Lucid and Rivian Automotive are down 40% and 54%, respectively. Investors are worried about slowing growth in electric vehicles, especially after companies invested so much money to build them. While Wall Street believes a Harris win means business as usual, with no big changes to emissions policy or EV tax credits, a Trump victory has the potential to shake things up.