Analysts are worried about the impact of U.S. tariffs on two major tech companies, Apple and Tesla. Apple's dependence on Chinese manufacturing—90% of its iPhones come from there—makes it highly vulnerable to escalating trade tensions, prompting a price target reduction from $325 to $250. Meanwhile, Tesla faces a double issue: the tariffs and Elon Musk's polarizing public persona are diminishing its appeal, leading to a price target cut from $550 to $315. These challenges suggest potential long-term impacts on both companies' operations and market positions.
The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple.
Tesla's brand is losing traction overseas, particularly in China, as Musk's public stance becomes more polarizing.
Collection
[
|
...
]