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
-
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 - 2d -
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 - 1d -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 4d -
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 - 1d -
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 - 5d -
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 - 4d
More from The New York Times
-
The C.F.P.B. Remains Alive as the Trump Administration Tries to Shut it Down
Court orders have paused, and at times reversed, the Trump administration’s efforts to shut down the consumer watchdog agency.The New York Times - 44m -
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.The New York Times - 21h -
Powerful A.I. Is Coming. We’re Not Ready.
Three arguments for taking progress toward artificial general intelligence, or A.G.I., more seriously — whether you’re an optimist or a pessimist.The New York Times - 1d -
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.The New York Times - 1d -
The Russell 2000 Index Is Flashing Economic Warning Signs
The Russell 2000, which includes small companies that are more sensitive to downdrafts in the economy than those in the S&P 500, appears likely to enter a bear market.The New York Times - 1d
More in Business
-
UK government announces reforms to fix ‘broken’ welfare system
Package aims to cut benefits bill by up to £5bn a year and includes measure to encourage return to workFinancial Times - 19m -
Judge blocks Trump’s move to use wartime law to deport Venezuelans
Critics say rarely used authority could expand power to detain and expel people without due processFinancial Times - 19m -
The C.F.P.B. Remains Alive as the Trump Administration Tries to Shut it Down
Court orders have paused, and at times reversed, the Trump administration’s efforts to shut down the consumer watchdog agency.The New York Times - 44m -
VP Vance Anticipates TikTok Deal by April Deadline
TikTok in the U.S. has been debated for years, and a ban was intended to effect on Jan. 19.Inc. - 1h -
Transportation Secretary Says Boeing Requires Oversight After Loss of Trust
Boeing is making strides, but has not yet won back the people, Secretary Duffy notes.Inc. - 2h