Though Tesla's sales in China have ticked up after a dismal March, its total sales are expected to fall to between 315,000 and 369,000 — well below Q1 of 2024, which saw north of 380,000 units — thanks to plunging consumer sentiments in the US and Europe. Though every US car company has made its vehicles with a combination of US, Mexican, and Canadian labor after the North American Free Trade Agreement (NAFTA) took effect in 1994, Tesla's supply chain is said to be more dependent on US workers than its automotive rivals, giving it a temporary leg up. That hasn't stopped Musk from arguing that the "tariff impact on Tesla is still significant," which is probably true, though the real question is how big an impact Tesla will feel compared to companies like Ford and General Motors.
Author: Joe Wilkins
Published at: 2025-04-01 21:20:57
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