F vs. TSLA: Which of These Auto Biggies is a Better Pick Amid Tariffs?
The auto industry is entering rough terrain. In early April, the United States slapped a 25% tariff on imported vehicles, and just days ago, it rolled out another 25% duty on auto parts that don't comply with United States- Mexico-Canada Agreement rules. These new tariffs are set to drive up costs for automakers by tens of billions of dollars, costs that could ultimately hit consumers through higher car prices. The demand for vehicles is likely to soften, while supply chain chaos is expected to increase. As ...