Tesla has issued a warning that the intensification of trade conflicts, sparked by US President Donald Trump's tariffs on imported goods, could expose the company to retaliatory measures from other nations. In a letter addressed to the US government, the electric vehicle manufacturer emphasized that such actions would lead to increased manufacturing costs and diminish the competitiveness of Tesla vehicles in the global market. Given Tesla's reliance on a worldwide supply chain, particularly on Chinese suppliers, tariff hikes would directly impact the cost of its core components, such as batteries.
