Reported 24 days ago
Tesla's vehicles, acclaimed as the most American-made cars according to the Cars.com American-Made Index, might be less affected by the new auto tariffs set to take effect, particularly compared to competitors like GM. While Tesla's manufacturing takes place fully in the U.S., some components are sourced from abroad, leading to an estimated $1.6 billion potential impact on its finances. Despite benefiting from increased EV competition due to these tariffs, challenges persist with falling sales in Europe and China.
Source: YAHOO