Tesla expresses concern over potential retaliatory tariffs under Donald Trump’s administration.

Tesla is going through a rough patch. Ever since Elon Musk got involved with the US government, the company has been facing declining sales. And as if that wasn’t enough, recent protests have caused damage to Tesla vehicles and stores. But the troubles might not be over just yet. Tesla is now warning that it could be hit with more tariffs, especially from countries directly targeted by Donald Trump.

In a letter sent to the US government, Tesla raises concerns about the potential high costs of importing certain components and parts due to the relationship between Elon Musk and Donald Trump. While Trump claims that vehicle production in the US is strong and doesn’t require external sources, Tesla still relies on components that are only available in China and Europe.

This means that the new tariffs imposed by Trump could directly harm Tesla. The countries affected by these tariffs might retaliate by imposing their own tariffs on products, leading to higher costs for Tesla. And if that happens, Tesla could face higher production costs for its vehicles, which would likely impact the final prices for consumers in the US.

The worry for Tesla intensified when Trump hinted at a possible 200% tariff on European alcoholic beverages. Interestingly, the letter from Tesla was not directly signed by company officials or the administration. Some sources speculate that this is due to fears of potential backlash from the company or the government.

Ever since Elon Musk aligned himself with President Donald Trump, Tesla has been losing considerable value in the stock market. And this decline in value is also affecting the company’s final sales.

It’s clear that Tesla is facing a challenging period. The company’s sales are dropping, protests are causing damage, and now the threat of additional tariffs looms. Will Tesla be able to navigate these obstacles and come out on top? Only time will tell.