Tesla gets more than 20% of its parts from Mexico, as well as some from Canada on top of it. So, yes, Tesla will be negatively affected by the tariffs. However, there’s another one-month delay.

President Claudia Sheinbaum’s government made major concessions — and delivered results — to avert President Trump’s 25 percent tariffs. He imposed them anyway.

Cartels a barrier to growing cross-border trade, expert says; Tesla plans to build massive battery plant in Texas; Logistics firm opens second supply chain facility in Austin, Texas; and Authorities seize $4M in drugs hidden in blueberry shipment.

Trump tariffs on Mexico, Canada and China will hit automakers to varying degrees, with one of the biggest wildcards being how much it hurts Elon Musk and Tesla.

Civic hybrids will be built in Indiana instead of Mexico to avoid new tariffs, and Tesla's planning to put its latest battery factory in Katy, Texas.

Elon Musk’s wealth has plunged $121 billion since its December peak after Tesla stock experienced one of its worst days this year, Forbes reported. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

President Donald Trump imposed a series of tariffs on goods imported from Canada, Mexico, and China. Given how new these policies are -- some of the tariffs were put on hold before they went into effect -- it's difficult to predict how businesses will respond.

Tesla shares fell Tuesday, extending recent losses amid concerns about tariffs, weak Chinese sales, and souring sentiment, with analysts at Bank of America lowering their price target for the stock.

If left in place, such high import duties would make Detroit's North American-centric business structurally unprofitable, warns Barclays investment bank.