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Musk Blames Tariffs for Job Losses and Tesla Delays

12/7/2025

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Summary

Story summary

Elon Musk, CEO of Tesla, says he could not persuade U.S. President Donald Trump to avoid tariffs, citing market distortions and a potential recession.
He linked tariffs to Tesla halting some model orders in China after a retaliatory 125% tariff.
Recent data show 59,000 manufacturing jobs lost since April, underscoring the tariffs' negative economic impact.

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Story summary

Elon Musk, CEO of Tesla, says he could not persuade U.S. President Donald Trump to avoid tariffs, citing market distortions and a potential recession.
He linked tariffs to Tesla halting some model orders in China after a retaliatory 125% tariff.
Recent data show 59,000 manufacturing jobs lost since April, underscoring the tariffs' negative economic impact.