Trump’s Tariffs Could Help Tesla, by Hurting Its Rivals More

The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.

Topics

What’s Driving Tesla’s Woes?

As Tesla faces a global sales slump, and with shares down for the seventh consecutive week, could Elon Musk's antics really be to blame?
Wired - 1d
Trump continues tariff tumult amid economic uncertainty

President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...
NBC News - 1d
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'

President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."
CNBC - 1d
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance

The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.
The New York Times - 2d
Rage Against Elon Musk Turns Tesla Into a Target

The backlash against the electric vehicle company has turned violent at times, as its billionaire chief executive parlays his support for President Trump into consequential influence over the ...
The New York Times - 15h
Trump floats 250% tariff on dairy from Canada

Jerome Powell's remarks came as Trump threatened new tariffs on Canada.
ABC News - 1d
Tesla facilities across the country attacked in protest of Elon Musk

A wave of anti-Tesla attacks have occurred as Elon Musk takes a leading role in President Trump's cost-cutting task force known as DOGE.
CBS News - 12h
Trump’s Affinity for Putin Grows More Consequential Than Ever

President Trump’s admiration for President Vladimir Putin of Russia has been endlessly dissected, but the American leader’s policy shifts since taking office again could have profound effects.
The New York Times - 20h
France has a nuclear umbrella. Could its European allies fit under it?

President Macron has aired the idea that France's deterrence force could be used to defend of other European countries.
BBC News - 2d
Tesla shares have declined every week since Elon Musk went to Washington

Tesla's stock has dropped for seven straight weeks, a stretch that dates back to the beginning of Donald Trump's second term in the White House.
CNBC - 21h
Canadians drop their politeness in the wake of Trump's tariffs

President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.
NBC News - 1d
$70,000 more a year for eggs: How price hikes are hurting small businesses

As egg prices continue to skyrocket, small businesses grapple with how to avoid passing on the increase to their customers.
ABC News - 1d
Businesses bemoan Indian ‘tax terrorism’ and red tape

Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investment
Financial Times - 13h
Trump creates 2026 FIFA World Cup task force

"I think it's going to make it more exciting," Mr. Trump said of playing the World Cup amid sharp rhetoric between leaders of the host nations amid the on-again, off-again tariffs.
CBS News - 1d
U.S. economy on shaky footing, Trump calls it a "detox period"

The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's ...
CBS News - 15h
Trump addresses economy concerns amid shifting policy on tariffs

President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...
NBC News - 1d
‘Major brand worries’: Just how toxic is Elon Musk for Tesla?

With sales down and electric vehicle rivals catching up, the rightwing politico’s brand is driving into a storm. Globally renowned brands would not, ordinarily, want to be associated with Germany’s ...
The Guardian - 1d
China Hits Canada With Tariffs in Indirect Riposte to Trump

Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
The New York Times - 1d
How the Tax Bill Could Impact Your Wallet

Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.
The New York Times - 22h
Inflation and tariffs might scare shoppers. Have they scared CEOs?

Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.
MarketWatch - 3h
Wall Street Journal: 'Someone should sue' Trump over tariffs

The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...
The Hill - 1d
Customer Service Could Help Grow Your Business. Here’s How

Quality customer service not only retains customers, but also turns them into an exceptional marketing ally through word-of-mouth, loyalty, and trust.
Inc. - 2d
Panama Will Release Migrants From Detention Camp, Challenging Trump’s Deportation Efforts

More than 100 people deported by the United States have been held in a remote camp for weeks. Their release could pose a challenge to President Trump’s deportation efforts.
The New York Times - 1d
Trump Organization Sues Capital One for Closing Its Accounts

President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.
The New York Times - 1d
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month

Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.
The New York Times - 16h
Ontario's Premier Doug Ford moving ahead with tariffs on the U.S.

Ontario Premier Doug Ford will start tariffs directed at the United States on Monday, unless President Trump's threat of a trade war with Canada comes to an end.
CBS News - 18h
Alarmed by Trump, Poland Must Look at Nuclear Options, Premier Says

As President Trump casts doubt on U.S. alliances, Poland needs to double its military manpower and consider more destructive weapons, Prime Minister Donald Tusk said.
The New York Times - 1d
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies

Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.
The New York Times - 2d
Intuitive Machines’ Athena Lander Is on the Moon, but Its Fate Is Unclear

After hours of uncertainty, officials from the Houston company said there are clues that the spacecraft is on its side, which could limit the mission’s scientific accomplishments.
The New York Times - 2d
Trump claims Putin will be more 'generous' in peace talks than 'difficult' Ukraine

Even though President Donald Trump threatened Russia with sanctions, he claimed President Vladamir Putin is more "generous" when it comes to ending the war.
ABC News - 1d
Commerce secretary says 25% tariffs on steel and aluminum will go into effect Wednesday

During an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick explains which tariffs will take effect and which have been postponed by President Donald Trump.
NBC News - 57m
Private Prisons Are Ramping Up Detention of Immigrants and Cashing In

The Trump administration is expected to use thousands more beds in these facilities as part of its mass deportation effort.
The New York Times - 1d
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance

Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.
The New York Times - 1d
Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt

With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.
The New York Times - 1d
Muslim nations reject Trump's call to empty the Gaza Strip of its Palestinian population

Foreign ministers from Muslim nations rejected calls by U.S. President Donald Trump to empty the Gaza Strip of its Palestinian population and backed a plan for an administrative committee of ...
ABC News - 1d
Why Social Security’s Future Could Be in DOGE’s Hands

Trump promised that Elon Musk’s DOGE wouldn’t touch Social Security. But DOGE is already making cuts to the agency.
Inc. - 3h
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say

In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.
NBC News - 2h
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs

NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.
NBC News - 1h
Who’s Got Trump’s Ear on Tariffs? Lutnick or Navarro?

Corporate leaders and investors continue to be caught off guard by the president’s trade policy, especially as deal talks heat up.
The New York Times - 3d