"Tesla Takedown" organizers have promised their biggest day of global action today, encouraging thousands to protest outside Tesla showrooms, dealerships,

The Tesla Takedown movement is expecting hundreds of demonstrations to take place at the automaker's showrooms across the world Saturday for what it has dubbed a "global day of action." Why it matters: The protest movement has drawn the Trump administration's ire and cast Elon Musk's signature brand into turmoil for his role in slashing the federal government.

Chinese President Xi Jinping called on global business leaders to push back against protectionism, seeking to take advantage of growing backlash to rising US tariffs to promote his country as a reliable partner.

Auto executives and industry experts warn about possible supply chain chaos and rising costs from the latest Trump trade policy.

German investment in China’s auto industry has been one of the few bright spots as foreign investment has slowed to a crawl.