Updates

** Tesla's TSLA.O shares rise along with EV making peers, while other automakers slump on fears of hit from new US taxes on auto imports

** While CEO Musk warns of "significant" impact, analysts say Tesla's exposure is limited due to a US-centric supply chain

** TSLA up 5.8% at $287.78

** EV makers Rivian Automotive RIVN.O up 6.6%, Lucid Group LCID.O up 2.5%; both companies' supply chains largely U.S.-based

** Other US automakers drop, with GM GM.N down ~7.2%, Ford F.N down ~2.6%

** In European markets, Volkswagen VOWG_p.DE dropped 2%, BMW BMWG.DE and Mercedes-Benz MBGn.DE fell about 3% each

** Wedbush analysts say Tesla less exposed as its production and assembly is all in the U.S.

** Daiwa analysts say TSLA is "least exposed" to new tariffs

** Musk, though, warns of hit to some imported car parts

** TSLA "won't be immune from this mounting trade war, given that it does import some parts, including electrical components and batteries, from China"- Susannah Streeter, head of money and markets, Hargreaves Lansdown

** Avg rating of 54 brokerages is 'hold' on TSLA -LSEG data

** YTD, TSLA down ~33% due to a host of worries, while GM has dropped 4.4% and Ford has risen 5.7%

(Reporting by Arsheeya Bajwa in Bengaluru)

((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))