Tesla Elon Musk’s billionaire CEO on Tuesday, after criticizing the Doge Advisor car company, President Donald Trump’s trade adviser Peter Navarro.
Navarro described Musk as a ‘automobile installer’, and Tesla vehicles in the United States required parts produced in foreign countries such as China, Japan and Taiwan.
‘When it comes to tariffs and trade, we all understand the American people – and we understand that Elon is a car manufacturer, but he is not a car manufacturer. He’s a car installer, ‘Navarro said in an interview.
Musk responded angrily to Navarro’s claim.
‘Navarro is a sack of bricks,’ Musk answered X. ‘Navarro is really a moron. What he says here is clearly wrong. ‘
Musk shared Tesla’s 10 most American -made cars and then shared the 2023 Cars.com work showing Honda Passport, Volkswagen ID.4 and Honda Odyssey.
The study shows that ‘three big’ automobile companies such as Ford, GM and Stellantis are lower on the list due to parts imported from foreign countries.
2024 Cars.com arrangementHowever, in Tesla’s number one slot of Model Y, but the Honda passport at number two, the Volkswagen ID.4 in number three, and the Tesla model S are slightly less favorable for Tesla. Honda Odyssey completes the top five.
Tesla Elon Musk’s billionaire CEO on Tuesday, after criticizing the Doge Advisor car company, President Donald Trump’s trade adviser Peter Navarro. Peter Navarro, Stephen Miller and Elon Musk speak at the Oval Office of the White House on March 14, 2025
Musk lost billions of people in the market’s reaction to tariffs, and the US stock market is experiencing the worst processing week in five years. On March 14, 2025, he was depicted with Donald Trump in the White House.
However, the study sees parts from both the US and Canada as domestic production.
Frank Dubois, the author of the American University Information Technology and Analytics Associate Professor, confirmed that Tesla trusted Chinese parts for the production of vehicles, even though they built engines and batteries in the United States.
Musk After the markets were closed, he entered the controversy on Friday, and Navarro appeared in CNN to try and calm concerns about the damage caused by tariffs.
Tesla CEO, the richest man in the world, lost billions of billions of billions of reactions to the tariffs that see that the US stock market has experienced the worst trade week in five years.
However, after Navarro insisted that he would pay at the end of the tariffs, Musk took the X platform to mockery the economic advisor.
Musk said that Navarro had a doctoral degree from Harvard in the field of economy and said: ‘A bad thing from Harvard to a doctor in Econ is not a good thing. It results in ego/brains >> 1 Problem. ‘
After a user said that Navarro was ‘right’, Musk said: ‘He didn’t build it.’
However, Navarro rejected Trump’s concerns about Trump’s tariffs since then and said he had come from a ‘car person’.
He’s a car person. What he does wants these and cheap foreign pieces, ” he said. However, Musk was not satisfied with Navarro’s claim.
“With any definition, Tesla is the most vertically integrated automatic manufacturer in the United States with the highest percentage of the US content, X.
Trump launched a historical trade war last Wednesday (in the picture, the tariffs), and China retaliate with 34 percent mutual tariffs in US imports on Friday.
Trump greeted Tesla as an American -made car, introduced at the White House after starting to attack Musk’s company from the left and began to be destroyed on the streets.
Musk’u ‘patriotic’ praised the White House during the event, “ `They are harming a large American company, ” he said.
“ This large company built and a patriot should not be punished for being punished ‘he said.
Musk’s brazen break with Trump’s inner circle comes a few days after it appears that he will resign from the Ministry of Government Productivity (Dogge) – Trump leaves the White House early with a surprise movement.
The Washington Post also referred to two familiar people, and made directly unsuccessful objections to Trump to reversed last weekend tariffs.
In the report, he said he had the highest profile dispute between the President and MUSK on the stock exchange. This follows the opening of a 10 percent basic tariff in all imports to the United States, along with higher tasks in dozens of other countries.
During the weekend, Musk called for zero tariffs between the United States and Europe during a virtual interaction in a congress at the right wing of Italy, together in the league party.
In two sessions after the announcement of the tariff decision on April 2, S&P 500 fell by 10.5 percent and deleted about $ 5 trillion at the market value and pointed out the most important two -day loss since March 2020. However, the main indices of Wall Street withdrew some losses on Tuesday.
Tesla saw that Musk’s three -month sales fell sharply in a reaction to his work with a new government’s efficiency department.
The shareholders’ shares have been traded at $ 245.12 today after closing 42 percent since the beginning of the year at $ 233 on Monday. Musk said that the effect of Trump’s auto tariffs on Tesla was ‘important’.
Elon Musk (depicted at a White House Cabinet meeting on March 24, 2025), made directly unsuccessful objections to Donald Trump to reversed last weekend tariffs, the highest profile dispute between the President and Tesla billionaire.
US President Donald Trump Peter Navarro speaks to print outside the White House on March 12, 2025
Economists say that tariffs can revive inflation, increase the risk of stagnation, and increase costs for the average US family – a potential responsibility for a president who campaigns on the promise of lowering the cost of life.
However, America’s best trade official advocated Trump’s comprehensive tariffs for almost every country today and said that about 50 countries agreed to Congress.
Jamieson Greer, the United States Trade Representative, said Trump’s exemptions for global tariffs are not expected in the near term and the strategy argued that ‘already carries fruit’.
In a statement to the Senate Finance Committee, “ Approximately 50 countries, the President’s new policy to discuss and how to obtain reciprocity to discover personally approached me, ” he said.
Argentina, including Vietnam and Israel offers to reduce tariffs, GREER, while canceling the dismissal of automobile manufacturers and companies announced that the new investments in the United States announced that 4 trillion dollars in the United States, he said.
Annual hearing on the trade policies of the President is often stopped.
US President Donald Trump and Tesla CEO Elon Musk sits on Tesla automobile models on March 11
President Donald Trump came out of the Tesla vehicle of a red model on the southern grass of the White House on 11 March 2025
However, Trump’s 10 percent base line tariff and dozens of countries in the United States in dozens of countries more than 50 percent of the extra tax announced after the announcement of more interest this year.
Greer told senators that the US has put five million production work and 90,000 factories in the last 30 years, because a tripartite free trade agreement with Mexico and Canada came into force.
Attention, America’s ‘big and permanent trade deficit’ will not be solved overnight. ‘But all this is in the right direction.’
Greer added Greer, “We must just get away from an economy based on the financial sector and government expenditures, and we have become an economy based on producing real goods and services, Greer added.
Senior Republican MPs promised to let Trump’s time to see how the tariff gambitin played, but desperate to see progress in the trade negotiations they believe to calm the markets.
Wall Street stocks rose early on Tuesday after a three -day path, while global markets gathered in the hope of trade agreements.
However, ranks and file deputies remain tense about the impact of tariffs and demand briefings on the strategy, and some are even trying to eliminate Trump’s authority to increase import taxes.
US Trade Representative Jamieson Greer is at the beginning of the hearing of President Donald Trump about today’s trade policies.
Donald Trump and White House Peter Navarro, on September 28, 2020, look at the All-Electric Pickup truck in the southern grass of the White House.
Republican Senator Chuck Grassley is led by a bilateral effort to request the approval of the tariffs within 60 days, but is not expected to receive floor votes.
The four Republican senators voted for the democrats last week and made a symbolic decision to reclaim Trump’s tariff in Canada without power.
On Monday, Trump made any pause in his aggressive new global trade policy and threatened to slaughter 50 percent more tariffs on retaliation.
In addition, he rejected the possibility of a trade agreement with the European Union and promised the Veto Grassley bill, which was supported by at least seven Republicans, and called on critics on ‘weak and stupid’ trade.
