Auto tariffs, they're coming or they're negotiating tactic.

Who knows you're listening to Motley Full Money.

I'm Ricky Mulvey. Sorting through this madness with me today is Jason Moser. Jason, thanks for being here.

Ricky, always a pleasure, my man. How are you? Oh, I'm doing pretty well. You know who's not doing pretty well of these auto manufacturers? It's been a tough day for him, Jason. Oh, yeah. Yes.

At the time of this recording, which I want to preface, is it about 150 p.m. Eastern, 11.50 a.m. Mountain time because we never get a shout out.

A 25% tariff is coming for any car entering the United States.

This initially targets fully assembled vehicles.

But so far, GM was down about 7%. Ford down,

about 3%. Auto parts supplier, Magna International, which we'll talk about more in a sec,

down 7%. Tesla, hey now, up 6%. You parse through this with me. Why are some American auto makers so affected by this news?

Tesla, notably not.

So this is the ultimate goal here with tariffs in this case.

It's to boost domestic manufacturing more than anything, I think.

And that can certainly have positive impacts.

But it's obviously also a very complex issue with some potential

negative consequences that come with it, at least in the near term. And when you consider how a

car is built, right, there can be thousands of parts that are coming from outside of the country.

And now that all of a sudden throws a lot of uncertainty in here. And so you look at some of

these negative impacts with increased production costs. You could be looking at higher prices for

consumers. Certainly could be seeing disruption of supply chains. You could, as we're seeing,

you see the potential for retaliatory tariffs. And then obviously, the negative impact on companies that use imported parts.

And so I think a lot of this just comes from that along with the fact that there is just still

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