BofA analysts discussed the impact of tariffs on automakers, with Ford and GM at high risk of negative ratings. Ford is pushing forward with low-cost EVs and connected vehicle subscriptions, while GM is focusing on Cadillac’s EV transformation and Formula One participation. Tariffs may cost OEMs $6k-$8k per car, with potential cost passes to consumers.
Latest Ratings for LCID
DateFirmActionFromTo Mar 2022Morgan StanleyMaintainsUnderweight Jan 2022Redburn PartnersInitiates Coverage OnNeutral Dec 2021GuggenheimInitiates Coverage OnNeutral