tradingkey.logo

Tesla gains in U-turn, bucking sector slump, on limited tariff exposure

ReutersMar 27, 2025 11:00 AM

Tesla's TSLA.O shares up 1% premarket, reversing earlier losses on fears of hit from new US taxes on auto imports

While CEO Musk warns of "significant" impact, analysts say Tesla's exposure is limited due to a US-centric supply chain

Other US automakers drop, with GM GM.N down ~6%, Ford F.N down 3%

Wedbush analyst says Tesla less exposed as its production and assembly is all in the U.S.

Daiwa analysts say TSLA is "least exposed" to new tariffs

Musk, though, warns of hit to some imported car parts

Avg rating of 54 brokerages is 'hold' on TSLA -LSEG data

YTD, TSLA down ~33% due to a host of worries, while GM has dropped 4.4% and Ford has risen 5.7%

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI