Tesla Faces Uncertainty as Tariffs and Declining Sales Weigh on Stock

Elon Musk and analysts voice concerns over 25% U.S. automotive tariffs and their impact on Tesla's pricing and competitiveness.

Tesla's stock ended a volatile week with a 3.51% decline on March 28, reflecting broader challenges in the EV market.
Newly imposed 25% U.S. automotive tariffs are expected to force Tesla to raise prices, despite its U.S.-based production advantages.
Elon Musk publicly acknowledged the significant impact of tariffs, emphasizing that Tesla is not immune to their effects.
Wedbush analyst Dan Ives, a long-time Tesla bull, expressed concerns over the tariffs' impact on Tesla and the broader auto industry.
While some analysts see Tesla as better positioned than competitors, the company faces intensifying competition and declining sales in key markets like the U.S. and Europe.