0944 ET - Deutsche Bank says in a note that on a net-basis, it estimates Ford and GM could face a $4-$7 billion headwind on annualized EBIT from the tariffs. "While the Trump administration appears flexible on broader 'reciprocal' tariffs, the auto tariffs appear stickier and our assumption is they won't go away, representing a cornerstone in America's new industrial policy that demands onshoring," analyst Edison Yu says. Yu believes Rivian may have the cleanest set-up given its relatively small exposure to the tariffs and prospects for a strong R2 product cycle--subject to execution risk, he says. "We continue to view Tesla favorably longer term as an embodied AI secular winner but acknowledge it faces many cross currents for the next quarter or two," Yu says. Tesla is up 0.5% in early trading and Rivian gains 1.2%. (patrick.sheridan@wsj.com)
(END) Dow Jones Newswires
April 14, 2025 09:45 ET (13:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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。