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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。