Tesla Suspends Shipments of Components for Anticipated Models Following Tariffs, Says Reuters

Dow Jones
04-16

By Denny Jacob

 

--Tesla's plans to ship components from China for certain model vehicles in the U.S. were suspended after President Trump raised tariffs on Chinese goods, said Reuters, citing a person with direct knowledge.

--The move could disrupt the electric vehicle maker's plans to start mass production of the Cybercab and Semi electric trucks, according to the report.

--Tesla was ready to absorb the additional costs when Trump imposed the 34% tariff on Chinese goods but couldn't do so when the tariff went beyond that, said Reuters.

--Tesla didn't respond to requests for comment, according to the report.

 

Full story at https://www.reuters.com/business/autos-transportation/trumps-tariffs-chinese-parts-cybercab-semi-disrupt-teslas-us-production-plans-2025-04-16/

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

April 16, 2025 06:32 ET (10:32 GMT)

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