Trump's Tariffs Are Wrecking Elon Musk's Hail Mary to Save Tesla
Elon Musk has gambled Tesla's future on the Cybercab — a small, autonomous vehicle to spearhead the automaker's charge into the robotaxi business. It was an already questionable move. And now it's looking even dicier thanks to the Trump administration's trade war. As Reuters reports, the steep tariffs on Chinese goods have forced Tesla to suspend its plans to import parts for the Cybercab and its electric tractor unit, the Semi, from China — an ironic development, given Musk's vociferous support for Trump and his heavy involvement with the administration. While it's unclear how long the suspension will last — […]
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