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Tesla shares rise 3.4% after Trump announced the imposition of customs duties on cars

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Wed 02/Apr/2025 – 10:40 PM

Tesla shares increased by 3.4% after US President Donald Trump announced 25% of cars, according to Reuters news agency.

US President Donald Trump announced the imposition of customs duties on countries that impose fees on the United States with the same percentage.

Trump said: We will work to stop the theft of the United States, and we will impose counter -customs definitions on countries that have the initiative to impose fees on Washington, stressing: We will make the United States very rich and we will focus on the suffering of workers.

Wall Street is preparing to announce the Tesla Company a decrease in its delivery of its car in the first quarter, today, Wednesday, but analysts and investors do not agree on the severity of this decrease.

Tesla expects to decrease the first quarter delivery due to the weak demand

15 analysts, who have reduced their expectations over the past thirty days, expect a decrease in deliveries by 3.7%, according to Visible Alpha, but some analysts and investors described these expectations of reservations, and expected a decrease of 12%.

CEO Elon Musk pledged to return to growth after the annual Tesla deliveries decreased last year, but the demand for its old electric cars and violent reactions to his political position may be made, difficult to fulfill this promise.



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