Trump's tariffs may hurt Tesla's production costs

reason.com

President Donald Trump recently expressed support for Tesla and Elon Musk, promising to buy a new Tesla. However, he also announced a 25 percent global tariff on steel and aluminum imports, which could raise costs for electric vehicles. Tesla warned that these tariffs would negatively impact its business, as its vehicles rely heavily on steel and aluminum. The tariffs are expected to increase production costs for Tesla and other automakers, affecting prices for consumers. The tariffs, set to resume on April 2, will also impact the broader automotive industry, which relies on parts from Canada and Mexico. Analysts predict potential disruptions in production, with estimates of a decline of up to 20,000 vehicles per day.


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Timeline:

    [3.3]
    JPMorgan cuts Tesla delivery forecast by 20% (insideevs.com)
    6h
    [3.8]
    Tesla warns Trump about risks of retaliatory tariffs (independent.co.uk)
    11h
    [3.2]
    Musk's politics causing Tesla stock to drop significantly (dw.com)
    11h
    [3.2]
    Tesla warns tariffs hurt U.S. manufacturing competitiveness (timesofindia.indiatimes.com)
    13h
    [3.2]
    Tesla faces declining sales and stock value decline (nbcnews.com)
    13h
    [4.0]
    Elon Musk blames Democrats for Tesla's stock decline (economictimes.indiatimes.com)
    15h
    [3.3]
    Tesla faces declining sales and political backlash (brisbanetimes.com.au)
    18h
    [3.4]
    Tesla and SpaceX criticize Trump's tariffs' economic impact (livemint.com)
    19h
    [2.9]
    Musk's companies oppose Trump's tariffs affecting competitiveness (timesnownews.com)
    19h
    [3.2]
    Tesla warns trade war could hurt U.S. EV manufacturers (timesofindia.indiatimes.com)
    20h
    [3.4]
    Tesla faces sales decline and political backlash (theage.com.au)
    23h
    [3.2]
    Trump plans to buy Tesla to support Musk (en.softonic.com)
    24h
    [3.1]
    Tesla’s sales decline due to competition and reliance on models (smh.com.au)
    1d 1h
    [3.6]
    SpaceX urges US to tackle foreign trade barriers (sg.news.yahoo.com)
    1d 3h
    [3.7]
    Tesla warns Trump tariffs may hurt global sales (npr.org)
    1d 3h
    [3.1]
    Tesla shares may drop further, analysts predict declines (investopedia.com)
    1d 4h
    [3.1]
    Tesla and SpaceX address Trump tariffs to U.S. government (sg.news.yahoo.com)
    1d 6h
    [3.5]
    Tesla warns U.S. tariffs could harm production, businesses (latimes.com)
    1d 6h
    [3.6]
    Tesla warns Trump’s tariffs could harm U.S. industry (arstechnica.com)
    1d 6h
    [3.7]
    Trump shifts stance, supports Tesla amid financial challenges (futurism.com)
    1d 8h
    [3.7]
    Tesla warns Trump administration about potential tariffs impact (abcnews.go.com)
    1d 8h
    [3.6]
    Tesla warns Trump's trade policies may harm U.S. automakers (cbsnews.com)
    1d 10h
    [3.0]
    Tesla warns tariffs could harm U.S. operations (news18.com)
    1d 11h
    [2.8]
    Tesla stock drops due to tariff concerns (seekingalpha.com)
    1d 11h
    [3.8]
    Trump's tariffs may hurt Tesla's production costs (reason.com)
    1d 12h
    [1.9]
    Wells Fargo sees more downside for Tesla shares (cnbc.com)
    1d 13h
    [3.3]
    Trump endorses Tesla, transforms White House into showroom (gulfnews.com)
    1d 15h
    [3.6]
    Tesla warns of tariff impacts on US exporters (bbc.com)
    1d 16h
    [3.9]
    Tesla warns of increased costs from U.S. trade tensions (livemint.com)
    1d 22h
    [3.9]
    Tesla fears retaliation from countries due to trade war (financialpost.com)
    2d 0h
    [3.8]
    Tesla warns of potential retaliatory tariffs affecting EVs (economictimes.indiatimes.com)
    2d 1h
    [3.6]
    Tesla warns of potential retaliatory tariffs from Trump (nypost.com)
    2d 5h
    [3.5]
    Canada targets Tesla with tariffs and policy changes (electrek.co)
    2d 6h
    [3.7]
    Tesla warns Trump's tariffs may raise manufacturing costs (newsweek.com)
    2d 7h
    [3.5]
    Tesla warns tariffs harm its business and future (rawstory.com)
    2d 7h
    [4.1]
    Tesla warns of increased U.S. vehicle production costs (ft.com)
    2d 7h
    [3.0]
    Tesla's stock plummets due to declining sales and competition (news.yahoo.com)
    2d 10h
    [3.1]
    JPMorgan warns Tesla's value loss is unprecedented (futurism.com)
    2d 10h
    [2.7]
    Tesla gains Republican interest, but faces market challenges (npr.org)
    2d 11h
    [3.0]
    Tesla stock experiences significant volatility and trading opportunities (cnbc.com)
    2d 12h
    [3.5]
    Trump displays Tesla at White House to support Musk (chicago.suntimes.com)
    2d 12h