Elon Musk Is in Huge Trouble Over Donald Trump's Tariffs

President Donald Trump's escalating tariff war is putting Tesla in serious danger. As Politico reports, the trade war has put Tesla CEO Elon Musk in an extremely awkward position politically. While the president's top henchman's businesses are somewhat insulated thanks to a strong manufacturing presence in the United States, Musk's ambitions to turn Tesla into the "most valuable company in the world" by focusing on autonomous driving and robotics could be thwarted by flatlining international trade. Free trade is the "lifeblood of the auto industry," Wedbush Securities analyst and Tesla bull Dan Ives told Politico. "It’s the lifeblood of autonomous and robotics and the future, not just thinking about domestically, but globally." Trump's disastrous trade war could make it extremely difficult for Musk to deliver on his characteristically overzealous promises. For instance, he told investors last year that his EV maker will "solve autonomy," an extremely ambitious goal that will requir ... Read full article.