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Trump says Tesla CEO Elon Musk didn't advise on auto tariffs despite DOGE role

1. Trump announced a 25% tariff on non-U.S. made cars. 2. Musk did not comment on the tariffs due to a conflict. 3. Trump suggested tariffs could be neutral or beneficial for Tesla. 4. Tesla struggles with sourcing some components domestically. 5. Competition in EV market increases with more automakers entering.

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FAQ

Why Neutral?

The potential net neutrality of tariffs may stabilize TSLA's price amidst competition.

How important is it?

The article discusses tariffs directly affecting TSLA's competitive landscape and pricing.

Why Short Term?

Immediate tariff impacts may be felt quickly, but long-term effects depend on market adaptation.

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