Tesla, Liberation Day
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Interestingly, Tesla is believed to have the least impact from these auto tariffs, since it domestically assembles all the autos it sells in the U.S.
From Markets Insider
Tesla shares slumped on Thursday, reversing course a day after the electric vehicle maker had its biggest gain on the market since 2013.
From NBC New York
The firm reduced its auto industry outlook and estimates, saying it will be hard for the auto industry to fully pass on tariff costs, especially with softening consumer demand more generally.
From Business Insider
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Overall sales of electric vehicles rose almost 11 percent in the first three months of the year as traditional carmakers offered new models.
Tesla’s Model Y, in fact, remained the best-selling single EV model in the US last quarter, though sales fell by more than a third to 64,051. The second-bestselling EV, Tesla’s Model 3, was up 70.3% to 52,520, according to KBB.
Generally, sales figures from Tesla, Ford and General Motors can offer signals on how automakers are adapting to supply-chain pressures and potential changing consumer opinions. Ford also faced a ...
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Dollar General (DG – Research
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign
Tesla: Over the years ... and EPS implies year-over-year growth of 17.92% and 31.55%, respectively. General Motors: This is one of the world’s largest automakers, with a 16.5% market share ...