Tariffs Could Give Tesla and Musk a Leg Up on Rivals

Tariffs Could Give Tesla and Musk a Leg Up on Rivals

The company led by President Trump’s confidant Elon Musk builds all the cars it sells in the United States domestically and will be exempt from tariffs on finished vehicles.
Stocks Slump as Trump Tariffs Take Effect

Stocks Slump as Trump Tariffs Take Effect

The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.