Trump's Tariffs Are Wrecking Elon Musk's Hail Mary to Save Tesla

Elon Musk has gambled Tesla's future on the Cybercab — a small, autonomous vehicle intended to spearhead the automaker's charge into the robotaxi business and give it a pathway for growth as other electric vehicle makers increasingly eat its lunch. It was an already questionable move. And now, in a grim irony for Musk, it's looking even dicier thanks to the Trump administration he helped usher into the White House with hundreds of millions of dollars in highly visible support. As Reuters reports, Trump's steep tariffs on Chinese goods have forced Tesla to suspend its plans to import parts for the Cybercab and its electric tractor unit, the Semi, from China. While it's unclear how long the suspension will last — or for that matter Trump's tariffs, which have see-sawed back and forth — it could be a major disruption, given that the development of both vehicles already face significant hurdles. Per the reporting, Tesla was scheduled to start receiving parts shipments over the upcoming ... Read full article.