Foresight

Foresight

This is How Tariffs Could Hurt US EV Stocks

Donald Trump’s car tariffs are causing panic among international brands, but domestic automakers won’t be safe either.

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OPTO
Apr 08, 2025
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Key Takeaways

  • Planned tariffs on automotive parts are set to impact even US-based EV manufacturers.

  • The share prices of Tesla, Rivian and Lucid have all slid in the year to date amid a broader market selloff.

  • Rivian and Lucid could capture market share from Tesla as consumer sentiment towards the EV giant continues to sour.

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