It’s earnings season, and automakers are warning investors about the impact tariffs will have on vehicle pricing. As first reported by Reuters, the cost of Ford’s Mustang Mach-E, Ford’s electric SUV, could rise by as much as $2,000 on some models.
Ford manufactures the Mach-E as well as other non-electric models in Mexico, which are now tariffed when sold in the United States. Aside from the Mach-E, Ford estimates that it will take a $1.5 billion hit from current tariff policy.
The Trump administration has long insisted that tariffs are not
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