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Tesla navigates new tariffs with domestic production advantages and challenges
Elon Musk's Tesla may benefit from domestic production amid President Trump's new tariffs, which could raise vehicle prices for consumers. Analysts suggest Tesla has a competitive edge in the EV sector, but the company will still face challenges due to reliance on imported parts and broader economic impacts. The stock market reacted negatively, with significant drops in automaker shares, highlighting the potential for increased costs and reduced profitability across the industry.
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