Tesla is one of the few winners from Trump tariffs; VW, Toyota, Nissan, Hyundai among big losers

Toyota imports about half of what it sells in the U.S. despite having assembly plants like this one in Georgetown, Kentucky. (TOYOTA FILE PHOTO)

March 27, 2025 08:42 AM

As the fallout from President Donald Trump’s tariff plans starts to be clear, a harsh truth is emerging for the automotive industry: Among the many losers, Elon Musk’s Tesla stands out as a clear winner.

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