Ranking of Companies Based on the Average Tariff-associated Sentiment

We assessed the sentiment of all companies mentioned in media referencing tariffs in the past 3 days. We ranked the companies by their average Tariff-associated sentiment and plotted them below. A minimum of five (5) references in the past 3 days was necessary to be on this list.

There are a few surprises - some from the EV space below:
1. BYD is positive because it is such a low-cost producer that even with high tariffs its cars will be relatively inexpensive in the U.S.
2. Tesla is negative because of the retaliatory tariffs that China is likely to impose in any trade war, hurting Tesla's ability to sell in China plus raising the cost of cars produced at its Shanghai factory.
3. Rivian is negative because its cars are already relatively expensive in the U.S. and it has a China-based supply chain, which will lead to even higher costs.