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Tesla CEO Elon Musk imports at least 20% of the value of each of his U.S.-built vehicles from Mexico. These parts are now subject to steep import duties following Wednesday’s tariff announcement by the president.
Brendan Smialowski—AFP via Getty Images
https://fortune.com/img-assets/wp-content/uploads/2025/03/GettyImages-2205816092-e1743096531671.jpg?resize=1200,600
https://fortune.com/2025/03/27/elon-musk-warns-trump-tariff-effect-not-trivial-for-tesla/
Christiaan Hetzner