In an unsigned letter addressed to US trade representative Jamieson Greer, Tesla said it “supports” fair trade but warned that Trump’s trade war could make it a target for retaliatory tariffs against the US and increase the cost of making vehicles in America.
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https://www.ft.com/content/605295c5-dc8f-4247-ba35-8036b5058915?shareType=nongift
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https://www.ft.com/content/605295c5-dc8f-4247-ba35-8036b5058915?shareType=nongift
Comments
Sales are plummeting due to politics.
Competition has caught them, particularly in China.
And their main factories overseas are in China and Germany, which makes them extremely politically exposed.
And yeah, tariffs don't help matters.
#TeslaTakedown