Wedbush said US auto tariffs will negatively impact Tesla and will force the company to raise prices. "The winner in our view from this tariff is no one."
At the end of the first quarter, the S&P 500 is reeling—don’t expect a March Madness-style comeback soon.The benchmark index is on track for its worst quarter since 2022, largely driven by concerns about President Donald Trump’s tariff policy,
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Investor's Business Daily on MSNStock Market Today: Dow Jones Up As Trump 'Couldn't Care Less' On Tariff Fear; Nvidia-Backed CoreWeave Slumps (Live Coverage)The Dow Jones fell on the stock market today after President Trump talked tariffs. Tesla fell on a Wall Street call while CoreWeave plunged.
The Trump administration's 25% tariffs on vehicles and auto parts imported into the U.S. could lead to sticker shock for American consumers, including for those buying cars manufactured domestically,
Tesla's vehicles sold in the US are made domestically at its factories in California and Texas.
The billionaire said the president's new car tariffs will impact the cost of parts that are vital to the construction of Tesla vehicles.
As the global auto world reeled from the potential fallout of Trump's new auto tariffs, one name stood out as less affected than others.
White House press secretary Karoline Leavitt joins 'America Reports' to discuss 'Tesla Takedown' threats, President Donald Trump's tariff 'Liberation Day' and inflation.