Elon Musk’s Tesla sends bombshell letter to Trump admin warning about tariffs as stock price plummets

Elon Musk-owned Tesla has sent an unsigned letter to Donald Trump‘s top trade representative warning that the company could be harmed by the president’s tariff war.

The Tesla CEO has earned the nickname of ‘First Buddy’ since joining Trump on the campaign trail in July, with the president rewarding Musk’s presence – and millions in donations – with a special White House role.

However, Musk’s company appears to have informed US Trade Representative Jamieson Greer that the president’s trade war with Canada and Mexico is bad for business.

The tariffs will likely drive up costs for American companies that use the metals, such as automakers.

The unsigned missive was uploaded to the public comment portal for Greer by one of Tesla’s in house lawyers.

Tesla often leaves its public comments unsigned, though many will speculate if Musk had anything to do with it given his tight relationship with Trump. 

The automaker said it is important to ensure that the Trump administration’s efforts to…

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Elon Musk's Tesla sends bombshell letter to Trump admin warning about tariffs as stock price plummets

 

Log In

Or with username:

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.