🪙 Musk didn't convince: tariffs are being imposed, Tesla is falling
Against the backdrop of criticism from Elon Musk, Trump continues to ramp up tariff pressure on China. Musk's attempts to persuade the president — both through negotiations and public posts on X — have not succeeded.
▪️ Tesla is at risk: China is one of the key markets
▪️ Musk: "Tariffs will hit Americans harder than they will hit China"
▪️ Wedbush analysts have lowered the target price of Tesla shares from $550 to $315