r/WallStreetbetsELITE 10d ago

MEME How much will Trump's 25% tariffs cost the U.S. automotive sector?

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u/Suitable-Display-410 10d ago

Your numbers are off. This is on parts too. The model S is using 35%, the Model 40% parts that are imported from outside of NA. And the remaining parts are often imported from Canada. Tesla is less affected than other brands, but they will also be heavily affected.

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u/Traderbob517 10d ago

technically the full explanation of parts tariffs hasn’t been released. It would stand to reason that they would be at the same rate although they could be a bit lower than the full model