由于在美国本土生产所有在美销售的汽车，马斯克的特斯拉将几乎完全躲开即将实施的进口汽车关税冲击。而包括现代、大众和通用汽车在内的全球主要竞争对手都将面临成本急剧上升的困境。
Since all cars sold in the USA are produced locally, Elon Musk's Tesla will almost entirely avoid the impending impact of import tariffs on automobiles. In contrast, major Global competitors, including Hyundai, Volkswagen, and General Motors, will face a sharp rise in costs.
Amid the haze of tariffs, Musk stands out from a group of victims and may become the biggest beneficiary under the tariff hammer.
According to CCTV News, on March 26 local time, US President Trump signed an executive order at the White House to impose a 25% tariff on all imported autos. The relevant measures will take effect on April 2.
Since all cars sold in the USA are produced locally, Elon Musk's Tesla will almost entirely avoid the impending impact of import tariffs on automobiles. In contrast, major Global competitors, including Hyundai, Volkswagen, and General Motors, will face a sharp rise in costs.$Tesla (TSLA.US)$During Regular Trading Hours, there is an increase of nearly 2%.
Sam Fiorani, Vice President of Global Automotive Forecasting at AutoForecast Solutions, stated:
"There are few winners, and consumers will be the losers, facing fewer choices and higher prices."
A safe haven in the tidal wave of tariffs: Tesla's unique advantages.
As Tesla boasts on the X platform, its models are "the most American-made cars." CFRA Research Analyst Garrett Nelson noted in his analysis this week that Tesla is "the least affected" auto manufacturer due to its domestic manufacturing business.
According to a document from the National Highway Traffic Safety Administration in the USA for 2024, 60% to 75% of the auto parts used by Tesla are manufactured in the USA, with the exact ratio depending on the model, while the majority of the remaining parts come from Mexico.
Ford Motor may be less affected than some competitors, as about 80% of the cars it sells in the USA are produced domestically. However, Ford cannot escape unscathed, as the company produces entry-level Maverick compact pickups, Bronco Sport compact SUVs, and Mustang Mach-E electric vehicles in Mexico.
Foreign brands that heavily rely on imported vehicles will face the greatest pressure, with South Korea's Hyundai likely being one of the hardest-hit companies. Although Hyundai and its affiliate Kia have factories in Alabama and Georgia, and announced a $21 billion expansion plan in the USA this week, it imported over 1 million vehicles to the USA last year, accounting for more than half of its sales in the country, according to Global Data.
According to analysis by SK Securities Co.'s Seoul Analyst Hyuk Jin Yoon, if tariffs are implemented, Hyundai and Kia may have to pay up to 10 trillion won (7 billion USD) in tariffs annually to the USA, which would account for nearly 40% of the total operating profit for the two auto manufacturers in 2024.
No global auto giant is exempt.
Even Toyota—the largest auto manufacturer globally—has four assembly plants in Kentucky, Indiana, Mississippi, and Texas, as well as engine plants in West Virginia and Alabama, yet around half of the vehicles it sells in the USA are still imported.
According to estimates by Goldman Sachs' analyst in Japan, tariffs may reduce Toyota's estimated operating profit for the fiscal year 2026 by 6%. Nissan may become the most affected among Japanese auto manufacturers, with its operating profit expected to decrease by 56%.
Although Tesla's CEO Musk admitted that tariffs would have a "significant" impact on the company, Trump insisted that this does not constitute a conflict of interest, given Musk's important role in the government. Musk stated on the X platform that the prices of the imported auto parts used by Tesla will be subject to "noticeable" impact.
Sam Fiorani, Vice President of Global Vehicle Forecasting at AutoForecast Solutions, stated in a phone interview:
"There are few winners, and consumers will be the losers, facing fewer choices and higher prices."
Editor/Jeffy
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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