Tesla Warns Trump Administration of Tariff Risks as Stock Tumbles

Tesla cautions that U.S. trade policies could trigger retaliatory tariffs, affecting exports and supply chains, while its stock faces steep declines due to falling sales and investor concerns.

• Tesla sent an unsigned letter to the U.S. Trade Representative warning that aggressive tariffs could lead to retaliatory measures, harming U.S. exporters and supply chains reliant on imports.
• Tesla's letter emphasized the difficulty of sourcing certain materials domestically despite its significant investments in U.S. production facilities like its Nevada battery plant.
• Tesla shares have lost nearly half their value since December 2024, driven by sharp sales declines in Europe, China, and other markets, as well as increased competition from domestic automakers abroad.
• Analysts highlight delays in new Tesla product launches and a lack of major technological advancements as contributing factors to investor unease and declining stock prices.
• Elon Musk's dual role as Tesla CEO and head of the Department of Government Efficiency (DOGE) has raised concerns about conflicts of interest, with critics questioning his focus on Tesla's operations.

80 Articles

Australian Broadcasting Corporation CNN Raw Story The Globe and Mail Wccftech The Independent Benzinga Business Insider The Atlantic Breitbart TweakTown Futurism Fortune Raw Story Global News New York Post Newsweek Benzinga Mediaite USA TODAY Fortune Deutsche Welle Free Press Journal mint EV The Guardian USA TODAY Grist The Guardian The New Republic Vox EL PAÍS NDTV Washington Post Free Press Journal The Street Al Jazeera Sky News Fortune Forbes Quartz Raw Story The Telegraph The Free Press ABC News The Atlantic Creative Bloq The Daily Beast Gizmodo HuffPost The New Republic The Hill i The Dispatch Australian Broadcasting Corporation HuffPost BuzzFeed Raw Story The Daily Wire Raw Story Cleveland Plain Dealer WIRED The New Republic Salon The Guardian MSNBC MSNBC The Drum Breitbart The Intercept Breitbart Gizmodo The Telegraph Electrek Boston Globe Newsweek The Telegraph The Hill The Forward The Root