Ford, GM and Stellantis could be hit hard by tariffs on Canada and Mexico. Tesla isn't immune from higher costs and could pay more for parts from Mexico.
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.
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While Tesla appears vulnerable to new tariffs, the company has some ways to work around these policies. President Donald Trump recently imposed tariffs on Canada, Mexico, and China, though some ...