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Tesla warns of Trump tariff own goal as US trade war escalates
TSLATesla(TSLA) Sky News·2025-03-14 11:16

Tesla, run by Donald Trump cheerleader Elon Musk, has warned US officials it risks being exposed to "disproportionate" retaliatory tariffs under the president's escalating trade war.The electric carmaker raised the issue in a letter to the US Trade Representative's (USTR's) Office on the same day Mr Trump bought a Tesla car in a show of support for his close ally after a bloodbath for the company's shares. Investor concerns, mostly linked to the trade war, have pushed Tesla's market value 50% down from its ...