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Elon Musk Is One of the Few Winners from Trump Auto Tariffs
- tlogan 2y agohttps://archive.ph/cDEy8 https://archive.ph/cDEy8
- aurareturn 2y agoMy first thought was that this was a gift to Elon.
- toomuchtodo 2y agoBut also Rivian. https://www.axios.com/2025/03/27/trump-auto-tariffs-vehicles-cars-trucks-suvs https://www.axios.com/2025/03/27/trump-auto-tariffs-vehicles...
- deleted 2y ago[deleted]
- croes 2y agoIs he really the winner? His usual customers don’t like his actions with DOGE and the MAGAs don’t like EVs
- aurareturn 2y agoYes. TSLA comes out of this better today than yesterday.
- beardyw 2y agoTSLA seems to be down today. Cars sold, only time will tell.
- aurareturn 2y agoUp 3% so far today.
- croes 2y agoIn the long term it’s the sold cars that count.
- bhouston 2y agoA many people warned that tariffs and the very political exceptions made to them are rip for corruption: https://www.slowboring.com/p/trumps-tariffs-mean-big-opportunities https://www.slowboring.com/p/trumps-tariffs-mean-big-opportu... https://www.cnn.com/2024/11/26/business/tariff-exclusions-trump-businesses/index.html https://www.cnn.com/2024/11/26/business/tariff-exclusions-tr... Basically tariffs and their exceptions introduce a lot of room for political considerations and there are many ways to influence those political considerations.
- hnburnsy 2y agoHonda is a big winner with 3 million cars a year and 70% of production in the US. US auto workers will also win as plants will ramp up production and overtime. Side note, fascinating to see the evolution of the headline from Bloomberg: Initial Headline... Most carmakers stand to lose as trumps tariffs spread the pain When posted at HN... Elon Musk Is One of the Few Winners from Trump Auto Tariffs Current... Musk’s Tesla One of the Only Winners From Trump Car Tariffs
- aurareturn 2y agoBiggest loser is of course, car buyers.
- hnburnsy 2y agoUsed car sellers might be winners.
- dzhiurgis 2y agoShort term. In long term this increases competition with European car makers (equalises tariffs) which in theory should result in better cars.
- aurareturn 2y agoWhy would this increase competition? Tesla is going to sell automatically. They don’t have to compete as hard.
- dzhiurgis 2y agoYou are forgetting EU is charging higher tariff for US vehicles, this basically equalises which equalises the game. This gives a push for likes of VW catch up with Tesla and start making competitive cars