Tesla Warns Retaliatory Tariffs Could Raise Costs Amid Trade War Escalation

Benzinga

Tesla has raised concerns over potential retaliatory trade actions amid escalating tensions following President Donald Trump’s tariff policies, according to Bloomberg.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tesla has raised concerns over potential retaliatory trade actions amid escalating

00:05tensions following President Donald Trump's tariff policies that according to Bloomberg,

00:10Tesla warned that such measures could increase manufacturing costs in a letter

00:14to U.S. Trade Representative Jameson Greer.

00:17The EV giant urged the administration to assess the impact of its trade policies

00:21on the EV and battery supply chain, which relies heavily on foreign sources.

00:26Tesla faces additional setbacks including declining sales, a stock slump,

00:31showroom vandalism, and political backlash against CEO Elon Musk.

00:35For all things money, visit Benzinga.com slash GSTV.

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