Apple & Tesla Most Exposed to Trump Tariffs, Wedbush Analyst Warns
Tech Giants Face Price Target Cuts Amid Trade Policy Uncertainty
Wedbush Securities analyst Dan Ives has significantly reduced price targets for Apple and Tesla, citing major exposure risks from President Trump’s new tariff policies. The analyst’s warning highlights growing concerns about how these trade restrictions could disrupt both companies’ operations and profitability.
Apple’s China Production Crisis
- 90% of iPhones currently manufactured in China
- Price target slashed $75 to $250/share
- Shares down 4.3% to $180 (as of Monday afternoon)
“The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives stated in his research note. “No U.S. tech company faces greater negative impact from these tariffs.”
Tesla’s Dual Challenge: Tariffs & Brand Perception
- Price target cut from \(550 to \)315 (still above current $233.94 price)
- Shares initially dropped 10% before partial recovery
- Elon Musk’s political associations compounding problems
Ives identified multiple pressure points for Tesla:
- Tariff impacts on production costs
- Brand damage from Musk’s political stance
- Competitive threats from Chinese EV makers like BYD
“Tesla has essentially become a political symbol globally,” Ives noted, urging Musk to “step up, read the room, and be a leader in this time of uncertainty.”
Market Reactions & Long-Term Concerns
The analyst’s warnings come as:
- Apple faces its most significant China production risk in a decade
- Tesla struggles with declining deliveries and brand perception
- Both stocks show increased volatility amid policy uncertainty
Industry observers will be watching how these tech leaders navigate the challenging trade landscape in coming quarters, with potential supply chain diversification and PR strategies likely under urgent consideration.
📚 Featured Products & Recommendations
Discover our carefully selected products that complement this article’s topics:
🛍️ Featured Product 1: AMM CURSIVE HOODIE
Image: Premium product showcase
Professional-grade amm cursive hoodie combining innovation, quality, and user-friendly design.
Key Features:
- Professional-grade quality standards
- Easy setup and intuitive use
- Durable construction for long-term value
- Excellent customer support included
🔗 View Product Details & Purchase
💡 Need Help Choosing? Contact our expert team for personalized product recommendations!
