xAsthenia
03-27

This will greatly affect all the Tesla competitors like GM and Ford as their margins are negatively thin. Tesla is not as affected as compared to the rest as majority of their parts are created inhouse.

This will caused tremendous amount of headwinds for their competitors and it will not be sustainable for them in the long run. It would seems like a double-edge sword but never bet against Elon + Trump relationship. 

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Trump announces tariffs on pharmaceuticals and autos made outside of the U.S.
U.S. President Donald Trump has announced tariffs on pharmaceuticals and all cars made outside of the U.S. The tariffs on pharmaceuticals aim to reduce debt, while the tariffs on autos have the potential to upend the auto industry and impact profits. The announcement has caused uncertainty in the market and raised concerns among industry stakeholders. The event has a negative sentiment due to the potential negative impact on the auto industry and the uncertainty it brings.
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Comments

  • a4xrbj1
    03-27
    a4xrbj1
    Wrong, see Elon Musk’s own tweet that Tesla will be affected as well.


    Since when are GM and Ford competitors of Tesla? Their EV lineup is still a joke compared to Tesla.


    Tesla’s competition are cheaper cars made in America, like Hybrids and gas cars!
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