Tesla, Trump and Elon Musk
Digest more
Top News
Reactions and opinions
With President Donald Trump insisting on tariffs that could potentially spark a global trade war, the automobile industry is running low on gas without an exit in sight.
From Austin American-Statesman
President Donald Trump tore into four GOP senators in a late-night social media rant on Wednesday, accusing them of being disloyal for siding with Democrats in opposing his attempt to slap tariffs on ...
From Yahoo
Read more on News Digest
The tariffs are likely to raise prices for domestic and foreign cars and throw wrenches into how they are produced, analysts say. Electric vehicles are no
President Donald Trump’s much-anticipated “Liberation Day” has arrived, and the world seems to have gone into frenzy as markets brace for the
Tesla stock (TSLA) ripped 4% higher today after a mix of bullish signals sent investors scrambling back in. According to Reuters, CEO Elon
Discover why Tesla, Inc. stock faces sell pressure amid macroeconomic risks, earnings challenges, and competition. Click for why I am downgrading TSLA shares.
"Tesla would be less exposed to tariffs as their production and assembly is all in the US."
Tesla Chief Executive Elon Musk says the electric-car maker won't be “unscathed” by President Trump’s 25% auto tariffs. But the stock-market reaction suggests the car company might be able to better navigate them than its American rivals.
Stellantis ( STLA ), the company behind Fiat and Chrysler, will pause production at plants in Mexico and Canada and assess the tariffs, according to CNBC, which reported that 900 "US-represented employees" would be temporarily laid off. Its shares were recently down more than 5%. (Read Investopedia's coverage of today's markets here .)
Automotive industry experts told BI that Tesla needs to launch more models, develop more advanced technology, and up its advertising.