Tesla shares plunge as Elon Musk’s company raises alarm about Trump’s trade tariffs | BBC News

5 months ago

Duration: 1:54

Shares in Tesla, the electric vehicle-maker owned by Elon Musk, have plunged, losing all the gains they have mades since Donald Trump’s election victory. Investors are concerned about plunging sales figures which come as Tesla’s CEO Elon Musk is playing a divisive role in as a member of the Trump administration. It’s emerged that Tesla has sent an unsigned letter to US trade officials that Trump’s tariffs risk provoking punishing retaliatory tariffs from other countries against US carmakers that may damage sales. The letter says that Tesla “supports fair trade” but that the US administration should ensure it does not “inadvertently harm US companies”. Clive Myrie presents BBC News at Ten reporting by Lily Jamali in San Francisco. Subscribe here: http://bit.ly/1rbfUog For more news, analysis and features visit: www.bbc.com/news #BBCNews

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Title history

Date	Title
27.03.2025 03:02:48	Tesla shares plunge as Elon Musk’s company raises alarm about Trump’s trade tariffs \| BBC News

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Date	Thumbnail
15.03.2025 01:28:49