<ul><li>Secretary of Commerce Howard Lutnick adjusted the automotive tariff program, which many see as 'Tesla-friendly' while also encouraging other companies to source parts from the U.S.</li><li>Cars with at least 85 percent domestic content will face zero tariffs, benefitting U.S. automakers and offsetting the cost of imported parts.</li><li>Although currently only three vehicles, all Teslas, qualify for zero tariffs, other companies like Ford, Honda, Jeep, Chevrolet, GMC, and Volkswagen have vehicles close to meeting the 85 percent threshold.</li><li>To avoid tariffs, car manufacturers need to adjust components to increase domestic sourcing, promoting American manufacturing and employment under the Trump administration's strategy.</li></ul>

Tariff reprieve might be ‘Tesla-friendly,’ but it’s also an encouragement to others

Discover more