Trump's new tariffs on imported cars could have a clear winner: Tesla

Published on April 27, 2025

The recent announcement of President Trump's 25% import tariffs on foreign cars has led to an increase in vehicle prices by thousands of dollars for vehicles coming from Germany, Japan, and South Korea as well as U.S.-assembled autos that use foreign-made parts. This move is part of a broader global trade war launched during Trump's second term. However, Tesla, the electric car manufacturer led by Elon Musk, who also serves as an adviser to President Trump, seems likely to fare better than other companies in this situation. Despite making all its cars sold in the U.S. in Texas and California, Tesla is still significantly impacted by these tariffs according to CEO Elon Musk's statement on Twitter. However, auto industry analyst Daniel Ives of Wedbush Securities believes that among U.S. carmakers, Tesla is least affected by the new tariffs. This could be seen as a silver lining for Tesla amidst recent consumer anger over its role in helping Trump dismantle government agencies and protests at their dealerships.

[Original Article](https://www.npr.org/2025/03/27/nx-s1-5342456/tariffs-tesla-imports-musk-trump) #trump's #tariffs [Visit GhostAI](https://ghostai.pro/)

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