cross-posted from: https://lemmy.ca/post/41346282
Car prices could rise by $5,000 to $15,000 if a 25% tariff on imported cars is maintained, according to Goldman Sachs.
Automakers are likely to pass on the impact of tariffs to customers by raising prices, and that could close the price gap between Tesla’s electric vehicle and competing gas-powered cars, analysts said.
Wow, what a crazy random coincidence. I believe that’s what the suits on Wall Street call “return on investment.”