Tesla warns trade war could hurt U.S. EV manufacturers

Tesla has warned the Trump administration that its trade war could negatively impact U.S. electric vehicle manufacturers. The company urged caution regarding retaliatory tariffs and suggested a phased approach for any new trade measures. In a letter to U.S. trade representative Jamieson Greer, Tesla emphasized the need to consider the downstream effects of trade actions on American businesses. The company highlighted that past trade disputes have led to increased tariffs on U.S. exports. Tesla's share value has dropped significantly in recent weeks, coinciding with controversial actions by CEO Elon Musk. In response, Trump bought a Tesla and criticized those boycotting the company amid its share price decline.