Elon Musk Warns Of 'Significant' Impact On Tesla Due To Trump's Auto Tariffs: 'The Cost Impact Is Not Trivial' - Tesla (NASDAQ:TSLA)
1. Tesla faces significant impact from Trump's 25% tariffs on auto imports. 2. Shares dropped nearly 6% following the tariff announcement. 3. Tesla's European sales fell over 40% for the second consecutive month. 4. Cost impact of tariffs affects parts imported, complicating production efforts. 5. Consumer boycotts in Europe and U.S. add to Tesla's challenges.