Tesla (TSLA) Stock Continues Climb as Auto Tariffs Rock Rivals
Tesla (TSLA) stock has climbed in the last few days despite newly-announced auto-tariffs by US President Donald Trump. The EV automaker was expected to be affected... slightly? Not so much! General Trump’s surprise 25% car tariff announcement has left automakers scramblingbut Tesla just cruised right through it. While Ford sank 3.4% (F) and GM plunged, Tesla defied expectations.
Why is Tesla weathering the storm? Analysts say the EV-maker is less exposed to industry tariffs than most competitors. Tesla (NASDAQ: TSLA) traded notably lower on Monday afternoon, even after the broad market partially recovered from its tariff shock from weekend headlines, but the underlying strength remains. Tesla rose as much as 7% on Thursday after new auto tariffs were announced Wednesday.
Tariffs: A Boost for Tesla (TSLA)?
Tesla stock and business has struggled recently, and Trump\'s tariff threat may not be a huge lift, but there is a path back to its market-beating ways. Tesla (TSLA) stock on Tuesday shook off some of its tariffs-related losses from Monday as President Donald agreed to month-long reprieves for both Canada. The electric Tesla (TSLA) stock has climbed in the last few days despite newly-announced auto-tariffs by US President Donald Trump. The EV automaker was expected to… well, perhaps not thrive, but certainly survive!
Mizuho analysts said tariffs will “Tesla a relative beneficiary given 100% US production footprint, substantial US sourcing and with Model Y competing in a midsize crossover segment where close to..." its main competition.
Market Insights and Future Outlook
UBS cut its target price for Tesla (TSLA) to $190, estimating that the electric car manufacturer\'s vehicle deliveries will fall 11% in 2025. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Stay informed about the latest developments affecting Tesla and the auto industry.