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Elon Musk's Tesla warns it could face retaliatory tariffs from Trump's aggressive actions
TSLATesla(TSLA) New York Post·2025-03-13 22:56

Group 1 - Tesla has expressed concerns about potential retaliatory tariffs that could affect U.S. exporters, including itself, in response to President Trump's tariff policies [1][4] - The company emphasized the importance of ensuring that trade actions do not inadvertently harm U.S. businesses, highlighting past experiences with increased tariffs on electric vehicles due to trade disputes [3][4] - Tesla pointed out that even with efforts to localize the supply chain, certain components remain difficult or impossible to source domestically [5][6] Group 2 - The letter from Tesla to the U.S. Trade Representative's Office reflects broader concerns among U.S. businesses regarding the impact of tariffs [2][6] - Autos Drive America, a trade group representing major foreign automakers, warned that broad-based tariffs could disrupt production in U.S. assembly plants, leading to higher consumer prices and potential job losses [7]