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

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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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[–] Tylerdurdon@lemmy.world 23 points 2 days ago (2 children)

I think between the boycotts in other countries, the boycotts in this country, the dipping resale values, the protests at dealers, the vandalism of vehicles, and the unexpected tariffs, Tesla is going to have an interesting year.

[–] earphone843@sh.itjust.works 15 points 2 days ago

Especially if the banks force Musk to dump billions of dollars in shares to pay his debt.

[–] Cort@lemmy.world 10 points 2 days ago (1 children)

Tesla is going to have an interesting year.

A whole year? That sounds optimistic

[–] Tylerdurdon@lemmy.world 11 points 2 days ago

I mean, at this point you can pretty well bank on a government Elon bail out because "life's not fair," so yes.