While Tesla assembles its vehicles in the U.S., the company is exposed to the tariffs as it imports parts from other countries.
"I've been on the record many times saying that I believe lower tariffs are generally a good idea for prosperity but this decision is fundamentally up to ... the president of the United States," Musk said. "I'll continue to advocate for lower tariffs rather than higher tariffs, but that's all I can do."
Net income for the quarter plummeted 71% year over year.
https://www.usatoday.com/story/money/202.../?tbref=hp
"I've been on the record many times saying that I believe lower tariffs are generally a good idea for prosperity but this decision is fundamentally up to ... the president of the United States," Musk said. "I'll continue to advocate for lower tariffs rather than higher tariffs, but that's all I can do."
Net income for the quarter plummeted 71% year over year.
https://www.usatoday.com/story/money/202.../?tbref=hp