In a letter to U.S. trade representative Jamieson Greer, Tesla expressed concern over tariffs imposed by the Trump administration affecting electric vehicle prices. While the company supports fair trade, it highlighted difficulties in sourcing parts domestically, indicating that aggressive localization of supply chains may not suffice. Tesla urged for an evaluation of domestic supply limitations to avoid undue burdens on manufacturers, also noting that retaliatory tariffs from other countries could disrupt international trade. This letter coincided with a public event where President Trump purchased a Tesla Model S Plaid, showcasing their ongoing relationship.
Tesla cautioned the Trump administration that despite its support for fair trade, it risks facing rising costs due to tariff strategies affecting electric car pricing.
The EV maker highlighted challenges in sourcing certain parts domestically, stating that aggressive localization wouldn't alleviate import tariff impacts.
Tesla urged further assessment of domestic supply limitations to prevent cost-prohibitive tariffs from hindering U.S. manufacturers in the electric vehicle sector.
The company also noted immediate retaliatory tariff responses from other countries, indicating a broader impact on international trade dynamics.
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