Musk says impact of auto tariffs on Tesla is 'significant'

27-03-2025 12:23 HKT

Tesla chief executive Elon Musk said on Wednesday that the impact of US President Donald Trump's auto tariffs on Tesla is "significant."

"Important to note that Tesla is NOT unscathed here. The tariff impact on Tesla is still significant," Musk said in a post on X.

REUTERS

Tesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat while attending a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. REUTERS/Carlos Barria/File Photo