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The auto tariffs are a present for Elon. Teslas are the most American of American cars, and while they do still use foreign parts they use the least out of ever
by Workaccount2 2y ago
The auto tariffs are a present for Elon. Teslas are the most American of American cars, and while they do still use foreign parts they use the least out of everyone.
On top of that, in the EV category, Tesla is pretty much the only one made in the US.
- toomuchtodo 2y agohttps://rivian.com/ https://rivian.com/ 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...
- bloppe 2y agoTesla made 50% of its revenue in the US in 2024. It's a global company. Trade wars will not be the massive boon Tesla investors are hoping for. Remember that their current P/E ratio is ~134, so the stock price already has a ton of growth priced in.