Trump's Tariffs Are Wrecking Elon Musk's Hail Mary to Save Tesla

Trump's Tariffs Are Wrecking Elon Musk's Hail Mary to Save Tesla


Per the reporting, Tesla was scheduled to start receiving parts shipments over the upcoming months to start trial production of the Cybercab and Semi in October, with the goal of starting mass production in 2026. In the "Liberation Day" fallout, Trump raised the tariffs to 84 percent — then to 125 percent, then a staggering 145 percent, and now to a degree so high that the precise figure has become a bit hazy. The halt on the parts imports is the latest blowback that Tesla is facing from Trump's aggressive economic policy towards China, which is the automaker's second largest market and the largest market for EVs in the world.

Author: Frank Landymore


Published at: 2025-04-16 22:00:57

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