'Tariffs Are Tough,' but Tesla Is Least Affected, Musk Says
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Tesla CEO Elon Musk weighed in on tariffs as well, indicating that while he doesn’t love the levies, the EV maker is in a good position to handle whatever President Donald Trump decides. “Tariffs are tough on a company when margins are still low,” said Musk, adding he believes that Tesla is the least affected by tariffs among major auto makers. “The tariff decision is entirely up to the president of the United States…I will weigh in with my advice,” said Musk, adding he believes lower tariffs are generally a good idea.
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