According to The Kobeissi Letter, President Trump stated he 'couldn't care less' if automakers raise car prices in response to his 25% tariff. This statement could influence investor sentiment towards automaker stocks, potentially leading to volatility in the market as companies like Ford and General Motors may adjust pricing strategies, impacting their stock performance.

According to The Kobeissi Letter, General Motors stock ($GM) has declined by 8.5% as the market reacts negatively to the imposition of a 25% tariff on automobiles. This sharp decline reflects investor concerns about increased production costs and potential decreases in competitiveness in the international market.

According to The Kobeissi Letter, General Motors stock ($GM) has extended its decline to 8.5% today as the market reacts to the imposition of 25% auto tariffs. This decline is a direct response to the new tariffs, which are expected to increase costs for the company and potentially reduce its competitive edge in the market.

According to The Kobeissi Letter, General Motors ($GM) has selected Nvidia ($NVDA) to build its self-driving car fleet. This partnership highlights Nvidia's growing influence in the automotive sector and could significantly impact both companies' stock performance.