As Canada braces for a potential leadership change, one candidate says she will go after Tesla with 100% tariffs if elected.
A Canadian candidate for Prime Minister has proposed implementing a 100% tariff on Tesla vehicles in response to US
Tesla is offering free supercharging upon taking delivery of a new foundation series Cybertruck from its inventory in both Mexico and Canada.
Trump tariffs on Mexico, Canada and China will hit automakers to varying degrees, with one of the biggest wildcards being how much it hurts Elon Musk and Tesla.
Tesla gets more than 20% of its parts from Mexico, as well as some from Canada on top of it. So, yes, Tesla will be negatively affected by the tariffs. However, there’s another one-month delay.
Elon Musk appears be to turning off potential Tesla buyers with his embrace of far-right politicians around the world.
Tesla shares fell Tuesday, extending recent losses amid concerns about tariffs, weak Chinese sales, and souring sentiment, with analysts at Bank of America lowering their price target for the stock.
In CEO Elon Musk's first full month as part of Donald Trump's White House, shares of his electric vehicle company plunged 28%, the steepest drop since December 2022. The stock fell another 3% on Monday, the first trading day in March, pushing the company's market cap to about $915 billion.
America’s auto industry now faces tariffs on both sides of the border, but Elon Musk, Tesla Inc.’s chief executive and the de facto head of the Department of Government Efficiency (DOGE) hasn’t uttered a peep about whether the import duties could affect his multi-billion-dollar car company.