Reuters reported that Tesla, an electric vehicle maker based in Texas, appeared to be less impacted by Donald Trump's new auto tariffs compared to other automotive companies. Despite the potential disruptions caused by the tariffs on global shipments of cars and car parts, Tesla's share prices were in the green in the U.S. market. Analysts noted that Tesla's supply chain and financial performance might not be severely affected because the company mainly produces its vehicles domestically.

Although Tesla's reputation in the U.S. may benefit from the relief due to its ties with Trump, its global standing could still be at risk. The company's shares have decreased significantly in recent months amid protests against its policies led by CEO Elon Musk, who also advises Trump on federal spending cuts. The auto industry is expected to face challenges from the 25% tariffs, impacting vehicle costs and automakers' profits, with companies like Ford, General Motors, and Stellantis witnessing stock price declines.

While Tesla does import some components from other countries, its localized production helps mitigate the impact of tariffs. The tariffs could affect the prices of Tesla cars, especially parts sourced from abroad, such as lithium-ion batteries from Chinese suppliers like Contemporary Amperex Technology Ltd. Analysts predict that the tariffs may lead to a price increase of $5,000 to $15,000 for imported cars, narrowing the price difference between Tesla's electric vehicles and traditional gas-powered cars as automakers pass on the tariff costs to consumers.