Why Tesla may avoid the blow of Trump's auto tariffs
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts.
While foreign automakers and American consumers anticipate climbing car prices, the electric vehicle (EV) manufacturer — led by Musk — may be safe from Trump’s 25 percent tariff because of its domestic production.
“Tesla made a business model choice that has served them well,” said Simon Ellis, who leads...