Donald Trump’s planned tariffs on auto imports will hurt carmakers around the world and push up prices for US consumers. Among the many losers, one winner stands out: Elon Musk’s Tesla Inc.

President Trump's newly announced 25% import tariffs on foreign cars will increase vehicle prices by thousands of dollars, experts say, but Tesla is likely to fare better than other carmakers.

President Trump is slapping 25% tariffs on all cars imported to the United States, including from our immediate North American neighbors. He’s also placed

Tesla announced its entry into Saudi Arabia, which comes at a critical point as the company reels from declining sales and a falling stock price.

Tesla is officially launching in Saudi Arabia and will start sales next month, Elon Musk's electric car manufacturer said on its website. Newsweek has reached out to Tesla and Saudi officials for comment.