this post was submitted on 14 Mar 2025
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Leopards Ate My Face

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Tesla warns Trump administration it is ‘exposed’ to retaliatory tariffs (archive.today)
submitted 2 months ago by [email protected] to c/[email protected]
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Oopsy, turns out there's consequences for working to elect a demented maniac!

Elon Musk’s electric-car maker Tesla has warned that President Donald Trump’s trade war could make it a target for retaliatory tariffs against the US and increase the cost of making vehicles in America.

In an unsigned letter addressed to US trade representative Jamieson Greer, Tesla said it “supports” fair trade but warned that US exporters were “exposed to disproportionate impacts when other countries respond to US trade actions”.

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[–] [email protected] 15 points 2 months ago (2 children)

It's hard to tariff something that nobody will buy.

[–] [email protected] 4 points 2 months ago (1 children)

My wife is shopping for a new car right now and really wants an EV. There are Tesla's all around us going for 16k-25k and some of those 2023 or 2024s.

Wild how we would've jumped on that a few years ago. Now I literally wouldn't drive one if it was given to me for free.

[–] [email protected] 3 points 2 months ago

Same here. I was looking to replace my almost decade old EV this year. Now I think I'll hold onto it a bit longer.

[–] [email protected] 1 points 2 months ago

Actually, even if nobody buys, for a short time at least, Tesla will still get hit by the tariffs, and because nobody is buying them, they aren't getting their money back. They didn't have a client base to pass those tariffs off too. But that's is still importing the taxed goods.