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Saturday, January 5, 2019

Tesla Has Asked The Trump Administration to Tariff Relief Model 3 Sedan

Good day everyone, Elon Musk still got the balls, As reported from NASDAQ, Tesla (NASDAQ:TSLA) has asked the Trump administration to exempt the Chinese-made "car computer brain" of its new Model 3 sedan from the 25% tariffs imposed in August, saying they threaten the company's bottom line, and maybe more threaten other business line.

"Increased tariffs on this particular part cause economic harm to Tesla, through the increase of costs and impact to profitability," the automakerwrote in its request.

"Choosing any other supplier would have delayed the (Model 3) program by 18 months with clean room setup, line validation, and staff training." Tesla need to getting more efficient 

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