Elon Musk, the biggest affected by the tariffs: more than 20% of Tesla parts are manufactured in Mexico

Tesla obtains more than 20% of its parts from Mexico, with the Model Y being the model that receives 25% of its components from that country, in addition to some parts coming from Canada.

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This significant percentage of supply exposes the California-based company to the 25% tariffs imposed by the administration of Donald Trump, despite the misconceptions of some brand fans who claim that the company will not be affected by these trade measures.

And it is possible that this serious setback for Tesla is the reason why the White House has decided to delay the implementation of these tariffs, with a one-month moratorium specifically aimed at the automotive industry (and Elon Musk is Trump’s right-hand man, which is curious).

Tesla is the main victim in this entire trade war

The situation reflects the instability in current trade policy and the lack of clarity on how tariffs affect companies in the sector. In response to this uncertainty, Tesla’s shares experienced a 2% increase, suggesting a positive market reaction to the news of the new delay.

Although some enthusiasts believe that the relationship between Elon Musk and Trump means that tariffs will not impact Tesla, this assumption is incorrect. Musk has been criticized for not directly confronting trade policies, which some interpret as a lack of concern for the company’s well-being in the face of potential cost increases.

In fact, if tariffs are implemented in the future, Tesla vehicle prices are expected to rise, affecting the brand’s perception among both consumers and other manufacturers in the industry.

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In conclusion, while tariffs are constantly changing, their potential impact on the automotive industry could lead to a reconsideration by Canadian and Mexican buyers and traders when doing business with the United States, an effect that could transcend beyond the duration of the tariffs themselves.