Musk's Tesla raises concern over Trump tariffs(bbc.co.uk)
bbc.co.uk
Musk's Tesla raises concern over Trump tariffs
https://www.bbc.co.uk/news/articles/c201z4lv5xxo
8 comments
That's a shame.
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In theory, Tesla can move more manufacturing the the US right?
It seems a lot of the mythology around Musk was solving problems just like this, figuring out how to manufacture components themselves at 1/100 the cost.
It seems a lot of the mythology around Musk was solving problems just like this, figuring out how to manufacture components themselves at 1/100 the cost.
In theory, but with these tariffs seemingly random and Trump being all moody (or worse) about them, do you invest a bazillion dollars only to have the tariffs dropped and you new manufacturing is now a loss?
Someone has to lead in this new bring manufacturing back to America thing.
I don't see an endgame with these tariffs and as far as I can tell, the administration has no plan ... outside maybe immediate bribes related to them.
Nobody is suddenly just popping up their manufacturing in the US. Presumably these tariff fights end one day, and they're already on and off tariff threats, so investing makes no sense.
This process makes no sense.
Nobody is suddenly just popping up their manufacturing in the US. Presumably these tariff fights end one day, and they're already on and off tariff threats, so investing makes no sense.
This process makes no sense.
I would guess that the plan is to funnel as much money from people/businesses into the government which then ends up being redistributed to the 1% via tax cuts or other nefarious means. From outside of the U.S. it also looks like the plan is to destroy the U.S. so that it can be plundered/bought up cheaply - remember that Trump's speciality is real estate.