Tesla, Trump and auto tariffs
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President Donald Trump’s much-anticipated “Liberation Day” has arrived, and the world seems to have gone into frenzy as markets brace for the
The newly imposed 25% tariff will kick in on April 3. In his announcement of the new regulations, the President said, "This will continue to spur growth like you haven't seen before. We'll effectively be charging a 25% tariff.
The so-called Magnificent Seven stocks don’t seem so magnificent these days after new tariffs from the Trump administration sent their shares plunging, with all seven now in bear market territory.
Tesla CEO Elon Musk said on Wednesday that the impact of U.S. President Donald Trump's auto tariffs on Tesla is "significant."
2don MSNOpinion
Tesla CEO Elon Musk isn't much for vacations. But he has spent whatever off-time he must have campaigning for the Republican Party in a hotly contested state Supreme Court election, including by pouring millions of his own dollars into the race.
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Intelligencer on MSNHow Trump’s Tariffs Might Actually Help Amazon — While Hurting Its CustomersAmerica’s top tech stocks plunged after Donald Trump’s tariff announcements, with the so-called Magnificent 7 — Nvidia, Apple, Alphabet, Microsoft, Meta, Amazon, and Tesla — losing more than a trillion dollars in collective value the next day and continuing their bleeding on Friday.
The billionaire said the president's new car tariffs will impact the cost of parts that are vital to the construction of Tesla vehicles.
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Stocktwits on MSNTesla Stock Faces More Pressure As Musk Says Trump Tariffs Will Have An Impact, Retail Clings To Bullish HopesShares of Tesla, Inc. fell more than 5% on Wednesday, snapping a five-session winning streak, and slipped further after-hours as President Donald Trump unveiled 25% tariffs on auto imports. Although analysts and investors have suggested that Tesla could avoid the impact of Trump's tariffs since it produces nearly all U.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."