What Elon Musk said about Tesla’s tariffs and potential impact

Elon musk Any decisions that do not like high or unexpected tariffs on Tuesday, but what happened to them is “completely up to the US President.”

He speaks at his company Call of earnings in the first quarterDuring the economy, Musk, Musk, Musk, Tesla is in relatively good condition in North America, Europe and China in Europe and China.

Musk, Tesla is the least affected by the most respected tariffs, he said.

Tesla gave a concern quarterly earnings On Tuesday, including 20% ​​of the income of cars, and 71% opposes 71% net income. The company said he did not provide any leadership for 2025 until the update of at least the second quarter.

Although Musk President Donald Trump was one of the nearest consultants, the tariffs are partially broken by the leadership. O Recently named Peter Navarro, Trump’s best trading advisor, “Moron” and “more than bricks”.

Musk with a call on Tuesday, “If some country does something prey with tariffs,” or “If a government gives an excessive financial support for a particular industry, you need to do something to oppose it.”

The President floated his plan for widespread tariffs in the beginning of this month and after shares 36% plunged The worst performances for any period since 2022 in the first quarter.

As Tesla produces cars where he sold locally in the United States, the company is not subject to 25% tariffs for Trump cars. However, Tesla is calculated for materials and supplies for production equipment in China, Mexico, Canada and other places, Car glass, printed circuit boards, battery cells and other products.

Musk said the president has offered recommendations on tariffs.

“He will listen to my tips. But this, of course, is connected to him to make his decision,” he said. “I’ve been on a record repeatedly that low tariffs are usually a good idea.”

He added that a lawyer for “projected tariff structures”, as well as “free trade and low tariffs”.

Musk, Tesla’s energy business, the tariffs “removed”, it said that in his cars, China, the company’s cars used in the company’s cars, he said.

“We are in the process of commissioning equipment for local production of LFP battery cells in the United States,” he said. However, he said that the company can only serve part of our total equipped capacity with local equipment. “

“We also tried to provide additional supplies from the main suppliers of non-Chinese, but it will take time,” he said.

Musk Tesla called the most “vertical integrated car company”, but there are a large number of parts and materials from other countries, he said. Although Texas has built a lithium processing plant, “We still do not increase rubber trees and minerals.”

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