General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.
Trump’s approach risks leaving U.S. automakers isolated and incapable of competing on their own merits as foreign companies bolt ahead.
Donald Trump has set a new standard for egregious and potentially illegal behavior.
The 25 percent levies threaten automakers that are navigating Brexit, a shift to electric vehicles and other obstacles.
Electric vehicles will get even more expensive, but prices for Teslas and some other models may not rise as much as prices for some conventional cars.
Elon Musk’s alliance with President Trump has prompted Democratic lawmakers to propose stripping Tesla of its ability to sell its cars directly to consumers.
Tesla’s sleek electric vehicles used to be a status symbol in liberal Mill Valley, Calif. Now, they are despised by many — including those who drive them.
Tesla’s sleek electric vehicles used to be a status symbol in liberal Mill Valley, Calif. Now, they are despised by many — including those who drive them.
Tesla’s sleek electric vehicles used to be a status symbol in liberal Mill Valley, Calif. Now, they are despised by many — including those who drive them.
El fabricante de automóviles comunicó el fuerte descenso de sus beneficios trimestrales después de que su marca se viera afectada por el papel de su presidente ejecutivo en el gobierno de Trump.