Elon Musk appealed to Trump to reverse sweeping trade tariffs
Elon Musk, the world's richest man and a key White House advisor, appealed directly to President Donald Trump to reduce the severity of his trade tariffs, the Washington Post reported on Monday. Musk had personally appealed to Trump with his case, but was ultimately unsuccessful in changing the President's mind, the Washington Post report said, citing two people familiar with the discussions. Musk's companies, specifically Tesla (NASDAQ:ISLA), stand to be impacted by the tariffs. While Tesla does manufacture all of its U.S.-sold cars domestically, it still imports several components from China and other countries targeted by Trump's tariffs. Musk had over the weekend also made a series of social media posts criticizing top White House trade advisor Pete Navarro, while calling for a free trade zone between the U.S. and Europe.
Posted Apr 8, 2025, 8:13 AM UTC