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
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Morgan Stanley | Maintains | Underweight | |
| Jan 2022 | Redburn Partners | Initiates Coverage On | Neutral | |
| Dec 2021 | Guggenheim | Initiates Coverage On | Neutral |
