
President Trump urged Tesla CEO Elon Musk and his Department of Government Efficiency to use a “scalpel” and not a “hatchet” for agency cuts and firing thousands of American government workers. This approach seemingly does not apply to his tariff policies, which have smacked the auto industry like a hatchet. U.S. auto brands are now adjusting their plans to minimize the impact from the fallout. So far, nobody is really winning.