Elon Musk's electric vehicle company, Tesla, has joined several other US companies to generate concerns about retaliation tariffs that could result from a commercial war promoted by President Trump.
In a letter without signing about the Tesla letterhead addressed to the United States commercial representative, Tesla warned that Trump's actions to “address unfair commercial practices” could “inadvertently damage US companies.”
Trump imposed a 25% tariff on the assets of Canada and Mexico in an effort to relieve the “threat raised by foreigners and illegal drugs,” according to an informative sheet of the White House. Tariffs have triggered a commercial war that threatens to increase the cost of a series of consumer goods.
Earlier this month, a commercial group that represents almost all the main car manufacturers, except Tesla, said that Canada and Mexico could lead to drastic price increases and interruptions in the supply chain, Reuters reported.
The Tesla Charter, published on the website of the US Commercial Representative.
“American exporters are inherently exposed to disproportionate impacts when other countries respond to the commercial actions of the United States,” said Tesla's letter. “Tesla encourages Ustr to consider subsequent impacts of certain proposed actions.”
A Tesla representative, based in Austin, Texas, could not be contacted immediately to comment.
Tesla's message to the United States commercial representative is remarkable because the company's executive director, Musk, is a nearby Trump ally and leads efforts to reduce the size of the federal government. In a sample of support for Musk and Tesla this week, Trump bought a new red model in an event on the White House grass.
Tesla's shares, which have collapsed 34% since January, received an impulse after the purchase of Trump's vehicle and increased almost 4% at the end of Friday, closing to $ 249.98.
The letter occurs when some Tesla owners are protesting the political actions of Musk selling their vehicles or adding anti-muscos stickers to their trips.
Some politicians and celebrities, including Senator Mark Kelly, a Arizona Democrat, have publicly shared plans to get rid of their Tesla vehicles.
Tesla facilities in the United States support more than 70,000 employees and are responsible for billions of dollars of economic activity each year, according to the letter. The company has multiple manufacturing sites in California, including an assembly plant in Fremont and a “megafactory” in Latinrop.
Tesla's letter also warned about the problems of the supply chain that could result from existing commercial policies and proposals.
“Even with the aggressive location of the supply chain, certain parts and components are difficult or impossible to obtain within the United States,” said the letter. “Commercial actions should not [and need not] Conflict with the objectives to increase even more and support national manufacturing. ”
The Auto Drive America Commercial Group, which represents foreign car manufacturers, including Toyota and BMW, warned the United States commercial representative in separate comments to impose wide -based rates would interrupt production in US plants and lead to higher prices for consumers.
