Summary
Trump warned automakers not to raise prices after announcing a 25% tariff on imported vehicles starting April 3, claiming the tariffs would be “great” and benefit U.S. manufacturing.
Industry leaders, including GM, Ford, and Stellantis CEOs, expressed concerns about inevitable price increases, with experts warning tariffs could add thousands to car costs.
Auto suppliers stated that absorbing tariffs is impossible, and dealers fear affordability challenges for consumers.
While the United Auto Workers union support the move as a job creator, trade groups predict higher prices and fewer manufacturing jobs.
Question here, anyone know if Tesla is produced entirely domestic? The Detroit brands all at least have parts and for some models entire production facilities in Canada/Mexico.
Not that he would use government power to so explicitly help his playmate there, just curious…
Tesla benefits the most from the tariffs. There was an article about it a day or two ago.
Tesla does source some parts from outside the US, so they will be impacted. However, they are definitely the MOST US-based and will be hurt the least. Other US brands and foreign brands that have mfg in the states source a ton of parts from around the world. Those parts will all be more expensive, so prices will go up by some percentage.
Yes, tesla is domestically made. Probably a big reason for these particular tariffs.
It depends on the model and parts. Overall Tesla is hurt the least. I think their LFP batteries are PRC-made for example. For the Big Three, the parts situation is the most complicated. There are plenty US-made vehicles, e.g. F-150, but various parts could come from anywhere in North America.