What Elon Musk said about tariffs and their potential effect on Tesla

Elon Musk He said Tuesday that I don’t like high or unpredictable fees, but any decision about what happens with them “is all about the US President.”

Talking about their company First-quarter’s earnings callWith uncertainty uncertainty across the economy, musk said is in a relatively good relationship, because he has a caption of the United States “in Northern America, Europe and Chinese and Chinese and Chinese.

Musk said the Tesla is the car company “more affected with respect to fees at least in most respects.”

Tesla declared Trouble Quarterly gain and you sells Tuesday, including a 20% year drop in year in the annual automotive and 71% of the net income. The company also said he has not yet provided a guide for 2025 at least until their second-second update.

While muscles is one of Donald Donald Presidents, fees are the problem where it is partially broken with the administration. Recently called Peter Navarro, Board of Trump trading, “a” moron “and” asks for a bricks of bricks. “

Tuesday said, however, “If some country makes something fee,” or “if a government is providing extreme financial support, then you have to do something.”

Tesla stock price was hammered since the President that the first floor for widespread fees before this month, and what was the action wilted 36% In the first quarter, its worst performance for each period since 2022.

Because Ties Factory cars that sells in the US Domestically, the company is not submitted to 25% of the 30% Trump. But the plates tells materials and supplies from China, Mexico, Canada and else for manufacturing equipment, Automotive Vetoto, Circuit Cards Print, BattercoChos and other products.

Musk said that offers the board to the president on tariffs.

“I listen to my advice. But he held him, of course to make their decision:” Musk said. “I’ve been on the register many times saying you believe that they are usually a good idea.”

Added that is a progress for “predicable fees” structures, “and” the free trade and firing fees. “

Musk said Tesla’s Business State from “Unused” by the fees because their melts of lithium ster, used to the car, from China’s car.

“We are in the commissioning process for the man’s manufacturement’s manufacturement’s hand in the United States”, said. MAllo said the company can “served a fraction of our total capacity of their total” with its local equipment.

“We have worked on supply assurance admired fit by Furniture Based on the points of basic, but you are prompted” na “.

MUNG MUNE named their integrated car company “but he said there are always a lot of countries. Even in the Texas,” Utge without returning rubber and mining overst, he is said.

Wat: The fees on the batteries outside China can end to be really expensive