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Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day

1. Tesla shares dropped 22% in four days amid trade tensions. 2. Musk criticized Navarro on trade policies negatively affecting Tesla. 3. Tariffs threaten Tesla's production costs due to imports. 4. First-quarter deliveries fell 13%, missing analyst estimates. 5. Musk calls for zero tariffs between Europe and North America.

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FAQ

Why Bearish?

The public feud over tariffs and Musk's harsh comments may erode investor confidence, similar to previous trade issues leading to stock declines.

How important is it?

The article highlights significant issues affecting Tesla’s competitiveness and stock value, raising investor concerns about future performance.

Why Short Term?

Given the immediate drop in share price and ongoing concerns about tariffs, the impact is likely to be felt soon.

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