Tesla warns Trump's trade policies may harm U.S. automakers

Tesla has warned that the Trump administration's trade policies could negatively impact U.S. automakers. In a letter to the Office of the United States Trade Representative, Tesla expressed concerns about tariffs making their vehicles more expensive and reducing overseas demand. The letter highlights challenges in sourcing parts domestically, despite Tesla's commitment to a U.S. supply chain. Tesla urged the USTR to consider the effects of trade actions on American manufacturers. President Trump recently increased tariffs on steel and aluminum imports, prompting the European Union to announce retaliatory measures. Tesla's letter coincided with Trump's statement about purchasing a Tesla to support the company.