Here's your TNB Tech Minute for Thursday, March 27th. I'm Victoria Craig for the Wall Street Journal.

There's one U.S. automaker that hasn't been rocked by President Trump's auto tariffs announcement today.

And that's Tesla. The electric car company's stock bucked a wider industry trend in trading on Wall Street.

Shares of Tesla rose while

rivals Ford, GM, and Stalanta stocks fell. Still, Tesla CEO Elon Musk wrote on X that the cost of the

tariff impact is not, quote, trivial and that the company will not be, quote, unscathed because

tariffs will have an effect on prices of Tesla's parts that come from other

countries. Tesla is somewhat insulated from the levees because it builds all of its cars that

are sold in the U.S. at factories in California and Texas. Other companies are more exposed because

they import assembled vehicles from Canada, Mexico, Europe, and Asia.

Elsewhere, the road to a public market debut might be a little longer for tech-focused freight

startup Flexport. That's because demand wasn't as robust last year for its e-commerce fulfillment

and distribution services. That caused the freight middleman to miss its target of achieving profitability

by 2024. Further hampering that goal is uncertainty over consumer spending and the escalating

trade war between the U.S. and its overseas trading partners. FlexPort's CEO told the Wall Street

Journal that he can actually entertain an IPO at the end of the year,

but for now, it's off the planning horizon. Finally, Sam Bankman-Fried was moved today from a Brooklyn

prison where he's been serving the first part of a 25-year fraud sentence. The disgraced founder

of cryptocurrency firm, FTX, is now at an Oklahoma transit facility where inmates usually stop

while being moved to another location.

The 33-year-old's legal team has been pushing for him to serve the rest of his sentence in

California where his parents live.

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