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Tesla US Gigafactories shields from Trump’s 25% Tariffs

  • Tesla stocks climbed after U.S. President Donald Trump announced tariffs on imported cars and auto parts.
  • Tesla slightly dodged the tariff blow thanks to its gigafactories in China and Germany that don't supply Tesla vehicles to the United States market.
  • Analyst Itay Michaeli sees Tesla as a relative beneficiary due to its 100% U.S. production footprint and substantial U.S. sourcing.
  • Tesla warned that the 25% tariff on non-U.S.-made vehicles will still affect the company, as certain parts are difficult to source within the United States.

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