Tariffs will impact Tesla's energy business but not its automotive business, as they don't import cars from other countries to the US. The energy business accounts for 18% of profits. So, a 5-10% decline in overall profits is likely.
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They export cars to Canada, not a huge market but won't help, and import parts and materials for cars into the US. 25% tariffs and steel and especially aluminum will hurt.
apr 27, 2025, 11:35 am • 2 0 • view
I would imagine the aluminum tariffs will also add some cost to the aluminum cast bodies. The US imports the majority of the aluminum they consume. Steel tariffs will have a smaller impact as well.
apr 28, 2025, 12:41 am • 1 0 • view
But it takes foreign inputs to make those domestic cars? Shouldn’t those factor into costs to produce a vehicle?
apr 27, 2025, 5:58 am • 1 0 • view