Tesla Warns of Risks from Potential Retaliatory Tariffs

Reported about 5 hours ago

Tesla, led by Elon Musk, cautioned that retaliatory tariffs against U.S. manufacturers could negatively impact its operations. In a letter to the U.S. Trade Representative, the company urged careful consideration of trade policies, highlighting past tariff actions that have resulted in increased costs for U.S.-made vehicles, particularly affecting exports. Tesla emphasized the importance of fair trade while addressing challenges in sourcing materials like lithium-ion batteries domestically and calls for an investigation into these trade practices.

Source: YAHOO

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