China manufacturers the chip of tesla

Tesla is sppeding to dominating the car industry

but it may have reached a bit of a

roadblock increased

tariffs cause economic harm to tesla

through the increase of costs and

impact of profitability due to the

complexity of the model 3 car computer

and the demanding timelines necessary

for tesla's exponential growth

tesla is unable to find another

manufacturer to meet our requirements

tesla has filed a lawsuit against the

trump administration

why well key components the company uses

namely the computer chips

are made in china and as luck would have

it these parts are subject to 25

tariffs as part of trump's tough on

china strategy elon musk says it's a car

crash and the tariffs are

arbitrary capricious and an abuse of

discretion

probably not what a president wants to

hear from one of his country's greatest

minds

who he's fangirled over in the past

he's one of our great geniuses and we

have to protect our genius

and with musk facing losses probably not

what trump had in mind when he promised

to make america great again

i'm protecting our workers on protecting

our companies the trade war hurts them

doesn't hurt us with a hole in his

pocket now musk is asking for a refund

with

interest of course on all the tax he's

already had to pay

and tesla's not the only company

spinning out other big hitters like

mercedes ford and volvo have also

decided to sue

trump and co the irony of all this

is that while these tariffs are quite

literally driving away

business for americans and europeans for

beijing

they've been a road to diversification

and increased profit

the trade friction between china and the

us puts pressure on companies whose main

market is the us

although the value of exports to the us

has decreased companies have been

exploring multiple markets the result is

remarkable

and has enlarged the non-us market while

the u.s market for chinese products has

shrunk

so china's overall exports keep growing

bitter words no doubt for president

trump who four years ago said the cards

were in

american hands we have the cards

don't forget we're like the piggy bank

that's being robbed we can't continue to

allow

china to rape our country and that's

what they're doing

it's the greatest theft in the history

of the world

well four years on the u.s trade deficit

with china is almost 10 percent

more than when trump said those words

and

four years on it looks like it's now

tester and co

who are the ones looking into their banks and seeing empty words not those gold coins they were promised you.