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- by bloombergquint.com
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Elon Musk Is One Of The Few Winners From Trump Auto Tariffs
As the fallout from President Donald Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: Among the many losers, Elon Musk’s Tesla Inc. stands out as a clear winner. The electric vehicle maker has large factories in California and Texas that churn out all the cars it sells in the US, insulating it to a greater degree from Trump’s new levies on auto imports and key components.