From Yahoo Finance: 2025-03-27 12:45:00

Automaker stocks plummet after President Trump imposes 25% tariffs, except for Tesla, which sees a 5% jump. Tesla’s localized manufacturing in the US shields it from the impact of tariffs on foreign autos. Musk supports Trump’s auto policies, as Tesla is a “relative winner” in the tariff wars. Some Tesla execs worry about retaliation from US export partners due to tariffs and a potential loss of the federal EV tax credit. Musk is fine with Trump potentially pulling the EV tax credit benefit, believing it will benefit Tesla in the long run. The future of robotaxis and self-driving technology drive Tesla’s growth, with Musk emphasizing autonomy as Tesla’s main value. Analysts predict a loss of EV tax credits would hurt Tesla sales but competitors more. Musk recommends buying Tesla stock for those who believe Tesla will solve vehicle autonomy.



Read more at Yahoo Finance: Why Tesla and CEO Elon Musk don’t see Trump’s auto tariffs as a problem