@vastard to [email protected] • 1 day agoTrump promises 25% tariffs on steel and aluminum imports — including from Canadawww.cbc.camessage-square39arrow-up183cross-posted to: [email protected][email protected]
arrow-up183external-linkTrump promises 25% tariffs on steel and aluminum imports — including from Canadawww.cbc.ca@vastard to [email protected] • 1 day agomessage-square39cross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish8•16 hours agoThey aren’t making the aluminum which their cars are largely made of.
minus-square@[email protected]linkfedilink4•13 hours agoYou’re correct that they will be hit by the tariffs but they won’t be hit by it multiple times. Most other car manufacturers have intermediate part production in Canada so they can end up paying tariffs again and again on the same part.
Why wouldnt it affect Tesla as much?
They don’t actually sell a lot of cars
They manufacture a lot more parts on site.
They aren’t making the aluminum which their cars are largely made of.
You’re correct that they will be hit by the tariffs but they won’t be hit by it multiple times. Most other car manufacturers have intermediate part production in Canada so they can end up paying tariffs again and again on the same part.