Want to dodge tariffs and buy an all-American car? A Tesla remains your best bet.
Trump's tariffs are shaking the auto industry, but Tesla might have a key advantage.
The EV giant swept Cars.com's list of the most American-made vehicles, with the Model 3 taking the top spot.
Tesla produces all its EVs in US factories, unlike rivals Ford and GM, which build several models in Mexico.
Tesla has the most American-made cars, and it might be a tariff trump card.
The Elon Musk-led automaker has swept Cars.com's list of the "American-made" cars, with the Model 3 taking the title of the most American vehicle.
The automaker's Model Y, S, and X vehicles took the other spots in the top four, with no vehicles from Detroit rivals Ford and GM cracking the top 10. Cars from several European and Asia automakers with production facilities in the US, such as VW, Kia, and Honda, featured high on the list.
Every year, Cars.com's American-made index ranks cars sold in the US by how much of the vehicle and its parts are made in the country. The index examines factors including the percentage of American parts, location of final assembly, and the origin of components such as transmissions and engines.
Tesla vehicles have topped the list for the past four years, suggesting the company is in a strong position to deal with the tariff turmoil that has gripped the auto industry.
Here are the top 10, as ranked by Cars.com:
Tesla Model 3
Tesla Model Y
Tesla Model S
Tesla Model X
Jeep Gladiator
Kia EV6
Honda Ridgeline
Honda Odyssey
Honda Passport
Volkswagen ID.4
The Trump administration unveiled 25% tariffs on imported cars and vehicle parts in March, raising fears of supply chain chaos and soaring new vehicle prices.
Tesla already manufactures all of the cars it sells in the US in factories in California and Texas, and its dominance of the American-made index suggests the company is less exposed to the tariffs on car parts than some of its rivals.
The Model 3 in particular has risen from 21st on last year's index, thanks to a 2024 redesign that saw the percentage of American and Canadian parts in the car rise from 47% to 75%.
By contrast, analysts have said that Detroit giants Ford, General Motors, and Stellantis risk being particularly hard hit by the tariffs due to their reliance on factories in Mexico.
Analysts for Cars.com warned that the tariffs are having the greatest impact on entry-level vehicles that are priced under $30,000, with the number of low-cost cars on the market falling 13% in May compared to last year.
Read the original article on Business Insider
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
10 minutes ago
- Business Insider
Most investors see international stocks beating US peers over the next 5 years, BofA survey shows
Most investors think the US stock market will underperform global stocks over the next five years 54% of fund managers believe international stocks will be the top-performing asset, BofA's latest survey found. Investors see a global recession triggered by tariffs as the largest tail risk for markets. Investors see years of US stock outperformance coming to an end, with most respondents in a survey from Bank of America eyeing international stocks as the top performer in the coming years. Global fund managers surveyed by the bank indicated they felt more optimistic about international stocks than US equities this month. More than half of investors—54%—surveyed from June 6 to June 12 said they believe international equities would be the best-performing asset over the next five years, BofA strategists wrote on Tuesday. That compares to just 23% of investors who think US stocks will be the best-performing asset, and a combined 18% of investors who believed the best-performing asset would be either gold, government bonds, or corporate bonds. The pessimism hanging over US markets appears to stem from President Donald Trump's trade war and concerns about the effects of tariffs on the global economy. 47% of fund managers said they believe a trade war triggering a global recession was the largest "tail risk" to markets. A worldwide recession has been the largest perceived tail risk to markets for three months in a row. Other prominent tail risks investors were eying this month include the Fed hiking interest rates to combat inflation, or a credit event triggered by the "disorderly" rise in bond yields, the bank said. Still, strategists said that investor sentiment had picked up in Bank of America's June survey compared to recent months, and the mood has recovered back to pre-Liberation Day levels. A sentiment gauge that tracks investors' growth expectations, cash level, and allocation to stocks also rose to 5.4 in June, the gauge's highest level since before Trump's April 2 tariff unveiling. "Investor sentiment back to pre-Liberation Day 'Goldilocks bull' levels, but not worrying bullish," strategists wrote. 66% of surveyed investors also said they believe the global economy would avoid a recession and secure a soft landing over the next 12 months, up from 37% of investors who felt that way in BofA's April survey.
Yahoo
10 minutes ago
- Yahoo
Solar stocks clobbered as Senate targets early end to wind and solar credits in Trump tax bill
Solar stocks got hit hard on Tuesday after the Senate proposed to put an end to wind and solar incentives years earlier than scheduled. Shares of Sunrun (RUN), the largest US rooftop panel installer, tumbled more than 40%. SolarEdge Technologies (SEDG) also dropped more than 40%, while Enphase Energy (ENPH) tanked more than 20%. The Senate version of the bill, which is still in draft form, would phase out Biden-era tax credits in 2028, rather than starting in 2032 under current law. Tax breaks for other sources of power, such as hydropower, geothermal and nuclear, would remain in place until 2036. The Senate proposal appears to have surprised investors, who expected lobbying efforts in recent weeks to have convinced legislators to roll back similar provisions passed in the House at the end of May. "The Senate version of the tax bill contained mostly disappointing news for solar and wind," Raymond James investment strategy analyst Pavel Molchanov wrote in a note on Tuesday morning. Molchanov noted that the Senate proposal would begin cutting the amount of credits sharply starting in 2026, and reach zero by 2028. The Senate proposal does allow for residential solar credit to expire 180 days after the bill's enactment — rather than at year-end 2025. "Although it is a minor tweak in timing, it could translate into some demand pull-in during the early months of 2026," said the strategist. Prior to the Senate's proposal, the analyst said if the bill were "finalized and signed into law in its current form — that would create a lot of disruption and layoffs, project cancellations, potentially bankruptcies." That forecast has start to play out after financial lender Solar Mosaic filed for Chapter 11 bankruptcy protection earlier this month, followed by residential solar provider Sunnova Energy (NOVA). The clean energy industry has had a volatile year as elevated interest rates have kept borrowing costs high. President Trump's return to the White House has added pressure to the sector, with his administration talking down green energy initiatives in favor of fossil fuels. On the manufacturing side, companies involved with batteries and panels have leaned into plans to onshore operations in response to Trump's tariff policies. In a move welcomed by the solar sector, the US Department of Commerce announced plans to impose tariffs as high as 3,521% on panel imports from four Southeast Asian countries. Despite a recent rally fueled by hopes that clean energy tax credits might be preserved, the Invesco Solar ETF (TAN) is down more than 4% year to date. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Click here for in-depth analysis of the latest stock market news and events moving stock prices Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 minutes ago
- Yahoo
Berkshire Sells Major Healthcare Holding After 10+ Years
Berkshire Hathaway Inc. (NYSE:BRK-B) is among the 11 Best Financial Services Stocks to Buy Right Now. It has restarted sales of DaVita, selling 200,010 shares between May 22 and May 27, 2025. A team of insurance professionals in a boardroom overlooking a city skyline. The deal comes after Berkshire Hathaway Inc. (NYSE:BRK-B) made a $116 million sale of 750,000 shares in February. Despite the sales, the firm still has 35.14 million shares in DaVita, making it the company's largest institutional investor. The healthcare stock, which it originally purchased in 2011, is still the conglomerate's tenth-largest position. The new disposal comes after DaVita's share price skyrocketed, quadrupling since 2011, while the company's operational difficulties grew. Ted Weschler, the portfolio manager, is believed to have spearheaded the purchase because he valued DaVita's effectiveness and shareholder-friendly approach. Berkshire Hathaway Inc. (NYSE:BRK-B) is a holding company with numerous subsidiaries engaged in various operations. The company's primary business is insurance, which is mostly handled by Geico, Berkshire Hathaway Primary Group, and Berkshire Hathaway Reinsurance Group. It is among the best financial stocks. While we acknowledge the potential of BRK-B as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.
