Tesla News
Is it possible that there are businesses actually benefiting from the Trump tariffs? Some domestic battery recyclers, U.S. steel and aluminum producers and automakers with significant American footprint could benefit, but it's complicated.
Tesla's stripped down Cybertruck has cloth seats, rear-wheel drive, coil suspension and loses the distinct light bar and tonneau cover at the rear.
Tesla stopped taking orders in China for Model S sedans and Model X crossovers — both of which are imported from the U.S. — after the countries raised tariffs amid a trade war.
VW sales have been helped by consumer aversion globally to buying Tesla vehicles and in the U.S. by customers rushing to beat incoming tariffs on imported cars.
Tesla CEO Elon Musk hit at trade adviser Peter Navarro as Tesla board member Kimbal Musk said Trump's tariffs are a tax on U.S. consumers.
In a flurry of posts on his social media platform X, Tesla CEO Elon Musk called Peter Navarro “truly a moron” and mocked the trade adviser for in the past citing the work of “Ron Vara” — a fictional expert whose name is an anagram of his own.
Musk called for zero tariffs between the U.S. and Europe over the weekend and has previously called the impact of Trump's tariffs on Tesla "significant."
The auto industry seems hopelessly placed in the epicenter of President Donald Trump’s tariff crusade, which has upended global markets and created political and economic chaos.
Musk said he hoped Europe and the U.S. agreed to “a zero tariff situation, effectively creating a free trade zone.”
The project, which Musk has hinted at for years, is detailed in a report obtained by Bloomberg filed this week by Tesla with Travis County’s economic development program.
