Tesla’s Letter to the Trump Administration, Tariffs and a Market Meltdown
Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.
Read more at The New York Times
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Tesla warns Trump administration it is ‘exposed’ to retaliatory tariffs
Elon Musk’s electric-car maker says levies could make it costlier to produce vehicles in the USFinancial Times - 3d -
Tesla tells US government Trump trade war could ‘harm’ EV companies
Letter from Elon Musk’s firm to US trade representative warns of ‘downstream impacts’ of tit-for-tat tariffs. Business live – latest updates Elon Musk’s Tesla has warned that Donald Trump’s ...The Guardian - 3d -
S&P 500 falls into correction territory as Trump’s trade war escalates. Here’s what history says could happen next.
The sharp drawdown on the U.S. stock market picked up steam on Thursday, pushing the S&P 500 into correction territory.MarketWatch - 3d -
Tesla, in a letter, tells Trump administration it's worried about tariffs
In a letter to Trump officials, Tesla raised concerns about the president's tariffs -- but it's unclear if CEO Elon Musk was personally involved in sending the letter.ABC News - 2d -
Tesla says it is 'exposed' to retaliatory tariffs
Tesla warned U.S. trade representative (USTR) Jamieson Greer that the electric vehicle company and other American exporters are “inherently exposed” to retaliatory tariffs levied in response to ...The Hill - 2d -
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears
The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.MarketWatch - 5d -
Elon Musk's SpaceX, Tesla lobby Trump trade representative on tariffs
Tesla warned of the hit to its bottom line from tariffs, while SpaceX complained that foreign trade barriers affect its Starlink internet satellite service.CNBC - 2d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 6d -
Trump buys a Tesla from Elon Musk at the White House
President Donald Trump bought a Tesla from Elon Musk at the White House. Trump declared the vehicles “beautiful” and in particular praised the company’s unusually designed Cybertruck.NBC News - 5d
More from The New York Times
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Trump’s Moves Are Boosting Stocks … Overseas
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.The New York Times - 18h -
How Some Investors Are Protecting Their Money Amid Stock Market Woes
Some people are shifting their investment strategies as the stock market sours on President Trump, despite advice to maintain their savings and wait out the angst.The New York Times - 20h -
As Trump Dismantles Voice of America, Some Broadcasts Are Replaced With Music
President Trump’s executive order on Friday calling for the dismantling of the federal agency that oversees the broadcaster is part of a wider campaign to weaken the news media.The New York Times - 10h -
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.The New York Times - 1d -
China Outlines Plan to Bolster Consumption in Face of Trump Tariffs
Beijing’s leaders are ordering fiscally strapped local governments to spend more to help workers, consumers and businesses.The New York Times - 7h
More in Business
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This sector may be the ‘accidental beneficiary’ of a U.S. growth scare, says JPMorgan
Emerging markets may be helped by a weaker dollar and lower U.S. interest ratesMarketWatch - 22m -
OECD cuts U.S. and global economic outlooks as Trump's trade tariffs weigh on growth
Global growth is expected to slow from 3.2% in 2024 to 3.1% in 2025 and 3.0% in 2026, according to the OECD.CNBC - 25m -
OECD cuts UK growth forecasts as Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlookFinancial Times - 49m -
Trump’s escalating trade war will damage global growth, OECD warns
Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriersFinancial Times - 49m -
The U.S. growth outlook was just cut by the OECD on uncertainty and tariffs
The U.S. economic growth outlook — and even more so, Canada’s and Mexico’s — was lowered on Monday by the Organization for Economic Cooperation and Development due to policy uncertainty and the ...MarketWatch - 50m