Tesla (TSLA) Stock Keeps Falling: Are Trump's Tariffs to Blame?
With growing concerns of a burgeoning trade war taking place, Wall Street has struggled amid the US government’s economic policy shift. Amid that development, Tesla (TSLA) has seen its stock continue to fall, but are US President Donald Trump’s tariffs to blame? Trump issued 10% tariffs on Mexico, Canada, and China on Saturday. Moreover, their implementation led the nations to issue their own retaliatory measures. Although Mexico’s President, Claudia Scheinbaum, announced those tariffs would be delayed, there is still concern regarding how the economic policy could impact the United States. The stock market stands as a sector that could face increased losses. Tesla Shares Drop as Trump Tariff Turmoil Hits Wall Street Source: Investopedia Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? The last several months have not been kind to Tesla. The EV manufacturer has struggled, with its stock price facing volatile action since November. Although its Robota...