During the Q1 2025 earnings call, Elon Musk discussed how Tesla's extensive localization efforts make the company 'least affected' by the impending auto tariffs imposed by President Trump. With 85% of its U.S. lineup compliant with the USMCA and a strong regional supply chain, Tesla positions itself advantageously against tariff-related challenges. CFO Vaibhav Taneja supported this by highlighting the Model Y's recognition as the most American-made vehicle for three consecutive years, further showcasing their commitment to local production and supply chain resilience.
"And so we are, I think, the least affected car company with respect to tariffs, at least in most respects. I mean, it remains to be seen..."
"This is in part is [from] all the work which the team has been doing over the years. And to the extent that today, you know, if you look at our vehicle lineup..."
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