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.