Shares of major automakers were down in recent premarket activity on Thursday, a day after US President Donald Trump announced new tariffs of at least 10% on most foreign imports.
Tesla (TSLA) dropped nearly 5%, Toyota Motors (TM) fell 5%, General Motors (GM) slipped 1.5%, Ford (F) slid nearly 1.6%, and Stellantis (STLA) was down less than 1%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.