Tesla warns of potential retaliatory tariffs from Trump

Tesla has warned that it may face retaliatory tariffs due to President Trump's aggressive tariff policies. The company expressed concerns in a letter to the U.S. Trade Representative, highlighting the risks for American exporters. The letter, which is unsigned but on Tesla letterhead, emphasizes the need to avoid harming U.S. companies while addressing trade issues. Tesla noted that past trade actions have led to increased tariffs on electric vehicles in other countries. Trump is considering imposing significant tariffs on vehicles and parts in early April. Tesla stated that some parts are hard to source domestically and called for a phased approach to allow companies to prepare for potential changes.