From Yahoo Finance: 2025-04-10 18:23:00

UBS and Mizuho analysts lowered Tesla’s target price due to potential tariffs weakening the auto industry. Electric vehicle demand softening, estimated 11% sales drop in 2025. General Motors, Rivian, and auto suppliers also had price expectations reduced.

Tesla’s target price cut to $190 by UBS, estimating 11% sales drop in 2025. Mizuho analysts predict tariffs will raise prices and lower demand, targeting $375. Stock volatility expected with downward trajectory. Shares down 7% Thursday but up 40% from last year.

Trump administration scaled back tariffs, but China goods face over 100% tariffs. Car imports taxed at 25%, potentially reducing Tesla’s 2025 U.S. revenue by 3.5%. Sector-specific auto tariffs could drive up prices and reduce demand by 9%.

UBS warns of production disruptions and supply chain reimagining due to sector-specific tariffs. GM’s domestic revenue may drop 4%, Rivian’s by 3.5%. Both companies, along with auto suppliers, had price targets lowered.

General Motors fell 4% and Rivian shares declined 2.6% on Thursday. Analysts trim price targets for Tesla, GM, Rivian, and auto suppliers due to tariff concerns.

Read more: Analysts Trim Target Prices for Tesla Stock, Citing Tariffs on Auto Industry