No Wonder Musk Is Furious: Trump's Tariffs Put Semi and Cybercab in Jeopardy

Tesla bet on Chinese imports to make the Cybercab and the Semi cost-effective, but Trump's tariffs on Chinese goods shattered the plans. Caught between a rock and a hard place, Elon Musk is fighting against Trump's tariffs with the voice of his brother, Kimbal. Tesla builds all its cars sold locally in the US and has one of the highest US/Canada part content in the automotive industry. However, it still imports many components f... (continue reading...)