Tesla (TSLA) and Rivian Automotive (RIVN) are likely to fare better after President Donald Trump signed an executive order
placing a 25% tariff on automobiles and parts imported to the US, UBS said in a Thursday report.
"We believe TSLA and RIVN could fare better as 100% of their
production is in the US (though not all components)," UBS said.
Once the tariffs take hold, UBS expects the initial action for original equipment manufacturers to be to reduce production in Mexico/Canada.
In the all important full-size pickup truck market, Ford (F) makes the F-150 in the US while General Motors (GM) does some Silverado/Sierra in Mexico/Canada, the report said.
"Eventually, we could see GM/F look to move production of some vehicles currently made in Mex/Can to the US," it said.
Price: 276.15, Change: +4.09, Percent Change: +1.50
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。