Tesla Warns That Trump's Tariffs Are Hurting It Terribly
It's been a rough start to the year for Tesla motors, to say the least. The EV giant kicked off the new year with the announcement of its first recorded annual sales decline, a staggering 71 percent drop in revenue compared to the previous year. This kicked off a steady decline in the company's stock price, as recalls and quality issues compounded with CEO Elon Musk's disturbing political stunts. Equally troubled is president Donald Trump's infinitely impending tariffs, which threaten to send the price of goods sky-high. Trump rang in his 2nd administration by announcing unprecedented 20 percent tariffs on […]
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