Tesla warns tariffs could raise production costs

Tesla has expressed concerns about potential tariffs from the U.S. government affecting its operations. In a letter to U.S. Trade Representative Jamieson Greer, Tesla warned that retaliatory tariffs from other countries could increase production costs in the U.S. The letter, dated March 11, highlights that previous U.S. trade actions have led to immediate tariff increases on electric vehicles in other countries. Tesla emphasized that rising production costs could make its vehicles less competitive in international markets. Tesla also pointed out challenges in sourcing certain materials domestically, such as lithium and cobalt. The letter was submitted as part of a broader request for comments from U.S. businesses regarding trade practices.