Elon Musk’s SpaceX, Tesla lobby Trump trade rep on tariffs

Elon Musk’s SpaceX, Tesla lobby Trump trade rep on tariffs


Tesla CEO Elon Musk looks on next to U.S. President Donald Trump talking to the media, at the White House in Washington, D.C., U.S., March 11, 2025. 

Kevin Lamarque | Reuters

Two companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the U.S. trade representative on Trump administration tariff policies.

The letters come as Musk oversees an effort to slash federal government spending and employee headcount at the behest of President Donald Trump.

At the same time, Trump is imposing stiff tariffs on China, Mexico and Canada, with China and Canada firing back with retaliatory tariffs.

Tesla, in its unsigned letter to U.S. Trade Representative Jamieson Greer, referred to those retaliatory levies as a threat to the electric vehicle company’s bottom line.

The letter encouraged Greer “to consider the downstream impacts of certain proposed actions taken to address unfair trade practices.”

“While Tesla recognizes and supports the importance of fair trade, the assessment undertaken by USTR of
potential actions to rectify unfair trade should also take into account exports from the United States,” said the letter, which was submitted by Tesla’s associate general counsel Miriam Eqab.

“U.S. exporters are inherently exposed to disproportionate impacts when other countries respond to U.S. trade actions.”

SpaceX, in its own letter to Greer, said that it “faces a range of regulatory complexities and trade barriers in every country that the U.S. Government should seek to address in order to support continued U.S. leadership in the space domain.”

The letter noted that the company must pay foreign governments for access to spectrum and import duties for its Starlink satellite internet equipment, and other fees that “substantially increase the cost of operating in these countries — artificially.”

“The import duties paid in a handful of countries represent a significant cost increase for Starlink products in those countries, despite the United States having essentially no duties on similar foreign products that are imported into the United States to serve customers here,” wrote Mat Dunn, SpaceX’s senior director of global business and government affairs, in the letter.

“As President Trump has noted with other sectors, this is a significant disadvantage to U.S. companies.

 Tesla and SpaceX did not immediately respond to a request for comment from CNBC about their letters.

This is breaking news. Please refresh for updates.



Source

‘Wicked: For Good’ soars to 0 million domestic opening
World

‘Wicked: For Good’ soars to $150 million domestic opening

Ariana Grande and Cynthia Erivo star in Universal’s “Wicked: For Good.” Universal Universal’s “Wicked: For Good” defied gravity at the box office, snaring an estimated $150 million from domestic ticket sales. It marks the second-highest opening weekend for a film released in 2025, just behind Warner Bros.’ “A Minecraft Movie,” which tallied $163 million back […]

Read More
Mining giant BHP makes renewed takeover bid for rival Anglo American, source says
World

Mining giant BHP makes renewed takeover bid for rival Anglo American, source says

Bloomberg | Bloomberg | Getty Images Mining company BHP has made a renewed takeover approach to rival Anglo American, a source familiar with the matter told Reuters on Sunday, just months after the London-listed miner agreed merger plans with Canada’s Teck Resources to create a global copper-focused heavyweight. Anglo American declined to comment. BHP did […]

Read More
Stop saying ‘don’t cry’—to raise confident, emotionally intelligent kids, use these 5 phrases instead
World

Stop saying ‘don’t cry’—to raise confident, emotionally intelligent kids, use these 5 phrases instead

It’s natural to want to comfort a child when they’re crying. When parents see their kid hurting physically or emotionally, they often want to do anything in their power to stop their heartache.  As a dual certified child life specialist and therapist, I’ve heard parents and even health care workers telling kids “don’t cry” while […]

Read More