Tesla warns U.S. tariffs could harm production, businesses

Tesla has expressed concerns about retaliatory tariffs in a letter to the U.S. Trade Representative. The company warned that such tariffs could negatively impact production and harm U.S. businesses, highlighting the risks of a trade war initiated by President Trump. The letter noted that previous U.S. tariffs have raised costs for domestic manufacturing and affected electric vehicle exports. Tesla emphasized the need for careful consideration of the downstream effects of proposed trade actions on U.S. exporters. Tesla's message is significant as CEO Elon Musk is a known ally of Trump. The letter comes amid protests from some Tesla owners against Musk's political actions, while the company continues to support over 70,000 employees in the U.S.