Tesla gets more than 20% of its parts from Mexico, as well as some from Canada on top of it. So, yes, Tesla will be negatively affected by the tariffs. However, there’s another one-month delay.

Tesla is offering free supercharging upon taking delivery of a new foundation series Cybertruck from its inventory in both Mexico and Canada.

Volkswagen's factory in Puebla, Mexico, made nearly 350,000 cars in 2023, including the Jetta, Tiguan and Taos, all for export to the U.S. In Canada, Volkswagen is building a battery gigafactory in Ontario, with output to begin by 2027.

President Donald Trump imposed a series of tariffs on goods imported from Canada, Mexico, and China. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

If left in place, such high import duties would make Detroit's North American-centric business structurally unprofitable, warns Barclays investment bank.

Tesla shares fell Tuesday, extending recent losses amid concerns about tariffs, weak Chinese sales, and souring sentiment, with analysts at Bank of America lowering their price target for the stock.