Tesla sales plunging worldwide amid Musk's new role in Trump White
House
Stock price is down from December high
Elon Musk's post-election honeymoon at Tesla appears to be over.
In the weeks after Musk went all-in on Donald Trump and came out on
the winning side, the billionaire's net worth jumped an estimated $170 billion as Tesla stock soared.
But now the EV maker is struggling with declining global sales, tariff
fears, and potential backlash to its CEO's political views.
https://www.independent.co.uk/news/world/americas/tesla-elon-musk-trump-administration-b2695738.html
Maybe he can ask Trump for an exemption?
Maybe he can ask Trump for an exemption?
On Tue, 11 Feb 2025 11:54:44 +0100, D <[email protected]> wrote:
Maybe he can ask Trump for an exemption?
History Tidbit
======================
What happened when Donald Trump imposed steel tariffs in 2018
The White House responded to lobbying from carmakers with exemptions.
The EU went after bourbon
...
...
US imports of metals....Despite many exceptions on many products,
some companies -- especially in the auto industry -- were rocked by
the uncertainty and rising raw materials costs. Domestic steel
producers also took the opportunity to push up their own prices.
https://www.ft.com/content/c41c54d0-f2b1-4450-9b94-b6a3db8e6cc9
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