Why Elon Musk's Tesla has an advantage as Trump's 25% auto tariffs hit
1. Tesla benefits from 25% tariffs on foreign-made cars and parts. 2. Local production shields Tesla from tariff impacts on profitability. 3. Competitors like Ford and GM may see significant earnings declines. 4. Tesla shares rose approximately 4% post-tariff announcement. 5. Musk acknowledged tariffs will still affect Tesla's production costs.