U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024.
President Donald Trump campaigned on a promise to slap tariffs on goods from many top trading partners. Elon Musk’s electric vehicle company may feel some of the pain.
During Tesla’s earnings call on Wednesday, Chief Financial Officer Vaibhav Taneja said the company’s profitability could take a hit if the new administration implements tariffs.
Tesla CFO says tariffs would ‘have an impact’ on profitability
