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Report: Elon Musk Is Petitioning the President To Reverse Tariffs

  • Tesla CEO Elon Musk has been petitioning President Trump to reverse the announced tariffs.
  • Elon Musk proposed zero tariffs between the European Union and the U.S., acknowledging the impact of tariffs on Tesla's operations.
  • There are discussions regarding Elon Musk's exit from full-time political involvement and transitioning into an advisory role.
  • Tesla, due to its vertical integration and US-made components, seems to be in a decent position with the new tariffs.

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