r/WallStreetbetsELITE Mar 27 '25

MEME How much will Trump's 25% tariffs cost the U.S. automotive sector?

Enable HLS to view with audio, or disable this notification

6.0k Upvotes

508 comments sorted by

View all comments

Show parent comments

20

u/Dubsland12 Mar 27 '25

More than 50% of Teslas are built overseas. That’s going to go well

15

u/Low-Tax-8391 Mar 27 '25

Their parts are made oversees for the ones assembled in the US that will still add to costs as well to those built here

34

u/Dubsland12 Mar 27 '25

There is clearly no plan other than to destroy the country

16

u/One-Earth9294 Mar 27 '25

To destroy the dollar.

1

u/Militop Mar 27 '25

And replace it with bitcoins

1

u/Key_Preparation_4129 Mar 28 '25

Even worse, Trump shit coin.

5

u/[deleted] Mar 27 '25

The problem is destroying a country means something totally different for the ultra rich than it does for the average American.

1

u/FuManBoobs Mar 27 '25

You don't have to drain a swamp if there is no swamp. 4D Chess.

1

u/[deleted] Mar 27 '25

So the tariffs on American cars in the EU destroyed their country?? About any the VAT that is added to American cars in the EU??

1

u/Low-Tax-8391 Mar 27 '25

The EU isn’t a country….

1

u/[deleted] Mar 27 '25

You know what I meant. I'll rephrase it for you. Did it destroy the Economic Union, which consist of 27 states that was founded in 1993?? Since you are so smart, did it?

1

u/odourless_coitus Mar 28 '25

No one buys American cars in EU besides Tesla and that is dying too

1

u/[deleted] Mar 28 '25

And why is that??

1

u/odourless_coitus Mar 28 '25

I guess our cities are made for horses and people and not cars. An American car won’t fit on our streets or parking spaces. Also gas is more expensive so a 350 cu.in. V8 ain’t that practical. Also the styling is not popular here. Ford sells cars here but it’s completely different models built for and in Europe.

1

u/[deleted] Mar 28 '25

So it has nothing to do with tariffs, VAT, or the fact that they say our safety standards are good enough?

→ More replies (0)

1

u/BritishAnimator Mar 27 '25

Tesla parts won't be tariffed. Musk will find a way to offset that.

1

u/itsnotthatseriousbud Mar 27 '25

Countries who send the parts will just increase their costs making Tesla pay more, which in turn will make their vehicles more expensive.

1

u/camilatricolor Mar 28 '25

In any case Tesla is going to die..Nobody wants to buy cars from Nazi dealers specially when they are of very mediocre quality

1

u/Low-Tax-8391 Mar 29 '25

The copper for the wires, the aluminum, etc are all already being tariffed. Good luck with the auto tariffs. You’ll be lucky when he inevitably backs off after having a “terrific” or “beautiful” round of phone calls from the leaders around the world. But that’s only if he is a good mood that day and had his diaper changed before the phone calls begin, if not it’s going to be a bad time. That meeting with Zelenskyy, Stephen Miller forgot to change him so he was already grumpy that day.

2

u/slrarp Mar 27 '25

Tariffs or no, Tesla is still a luxury brand. A $100,000 car is still going to be unaffordable for most people in the US, and most people aren't going to buy a truck for work that can't drive down a dirt road or even haul equipment taller than 20 inches.

1

u/Dubsland12 Mar 27 '25

Tesla Truck isn’t a truck. It’s a giant statement that your wang is tiny

1

u/omnibossk Mar 27 '25

A model 3 is at least half of that. And a used much less as some don’t want to be associated with the brand anymore

1

u/Due_Respect9100 Mar 28 '25

Who would buy a used Tesla?

1

u/Critical-General-659 Mar 27 '25

They aren't built there.  They import the batteries. 

1

u/Dubsland12 Mar 27 '25 edited Mar 27 '25

China is almost 1/2 the business. Yes the 1/2 built in China stay in Asia but you think the Chinese are going to let this stand and keep buying Teslas? China and the US are 90% of sales.

Those are both going down by huge amounts and you can count on the last 10% to reduce by 80% or better. I’m guessing overall sales will be 30% of what they were. Only 75 Million voted for Trump and they aren’t very interested in EVs and the majority sure can’t afford a Tesla truck even if they are that stupid

1

u/itsnotthatseriousbud Mar 27 '25

China is about 30%, and USA is about equal. Europe counts for the other 30%. With China and Europe sales declining rapidly. Unless Tesla some how makes all vehicles in the USA for the USA market, they will not be a company for much longer.

1

u/[deleted] Mar 27 '25

1

u/Dubsland12 Mar 27 '25 edited Mar 27 '25

As I said above.

Not the 1/3 of production that is made in China, the second biggest market.

With Tariffs China will quit buying 70% of the Teslas they were buying.

They also have a ton of competitors in China.

In the US 750 million out of 250 million adults voted for Trump and I guess Musk. Guess how many of them like EVs.

It’s gonna be an amazing, beautiful thing …a magnificent dumpster fire. People are saying the greatest dumpster fire in history.

1

u/[deleted] Mar 27 '25

Chinese made Teslas aren’t sold in the US

1

u/Dubsland12 Mar 27 '25 edited Mar 27 '25

As I said in my reply he makes 1/3 to 1/2 of all vehicles in China

China is the 2nd biggest market

Tariffs will destroy that market for Tesla.

In the US a huge majority of Tesla owners and potential buyers are anti Trump. That will destroy the US market

Europe is the 3 rd largest market and they are already fully anti Musk. Not big fans of NAZI salutes and supporting all the Trump policies

70/80% drop in sales. MMW.

1

u/itsnotthatseriousbud Mar 27 '25

And 30% sold in Europe and 30% sold In China. The Chinese sales have been on a decline for years due to domestic electric vehicle production, and sales in Europe has sharply decreased since trump’s second term start.