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How the Latest U.S. Tariffs on Canada and Mexico Are Impacting Tesla

  • President Trump's 25% tariff on Mexican imports and Canada's retaliatory measures have impacted Tesla's supply chain, production costs, and market competitiveness.
  • Tesla heavily relies on Mexican imports for over 20% of its vehicle components, including battery materials, electronics, interior components, and structural elements.
  • The increased tariffs are expected to raise Tesla's production costs, potentially resulting in higher vehicle prices or tighter profit margins.
  • Canada's 25% tariff on U.S. imports, including electric vehicles, could make Tesla cars more expensive in Canada, potentially slowing down sales in the region.

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