Summary
Tesla warned the U.S. government that it could face retaliatory tariffs due to Trump’s trade policies, and those concerns are becoming reality.
Canada has started targeting Tesla by excluding its products from EV charger rebate programs, with officials considering removing Tesla from a $4,000 EV purchase rebate as well.
Canadian politicians, including NDP leader Jagmeet Singh, have proposed a 100% tariff on Tesla imports.
Tesla, reliant on Canadian and Mexican manufacturing, now faces backlash over CEO Elon Musk’s close ties to Trump and his trade war policies.
The board is his family and close allies. They’re not going to go against him. Tesla = Musk. Anyone who’s a part of Tesla, including investors, is part of the nosedive into the pavement, just along for the ride at this point.
Just seems like a stupid ship to go down with, but I guess here I am going down with Ship America.