Tesla Warns of Tariff Impact and Canada Rebate Cut

Tesla has warned the Trump administration about the negative impact of retaliatory tariffs on American manufacturers, especially on electric vehicle exports. An unsigned letter from Tesla to US Trade Representative Jamieson Greer highlights the risks of increased production costs and reduced competitiveness due to trade policies. The automaker emphasized the importance of fair trade but cautioned against actions that inadvertently harm US businesses. The letter suggests the need for a phased approach to tariffs, considering domestic supply chain limitations, and calls for further evaluation to mitigate potential impacts. Musk's close association with Trump raises questions about his involvement, though he has not publicly commented on the letter. Meanwhile, Canada's recent removal of Tesla from its rebate program for electric products further complicates the trade situation, reflecting ongoing tensions between the countries.