President Donald Trump has threatened to impose reciprocal tariffs on April 2 and emphasized that these tariffs would mark a “liberation day” for the world’s largest economy. Trump’s tariffs have thus far led to turmoil as many sectors are feeling the heat of higher costs and uncertainty for what is to come in the global trade environment.
As a result, Tesla (TSLA) is one stock that investors should avoid in the short term. The company is facing multiple challenges and could be among the casualties of the escalating trade war.
