Donald Trump on Elon Musk’s Tesla benefitting from auto tariffs: They may be net neutral or …

American President Donald Trump has announced a 25% tariff on auto imports, a decision the White House says will boost domestic manufacturing. “This will keep driving growth,” Trump told reporters, emphasizing that the tariffs, expected to generate $100 billion annually, will take effect in April. Trump insists that the tariffs will encourage new factories in the US and dismantle what he calls a “ridiculous” supply chain spanning the US, Canada, and Mexico. To highlight his commitment, he declared, “This is permanent.”

Tesla CEO Elon Musk did not advise on Auto tariffs