BYD and Tesla set to lose most from Mexico's proposed tariffs on China

Core Viewpoint - Mexico's proposed 50 percent tariff on autos imported from China is expected to significantly impact electric car manufacturers BYD and Tesla, while benefiting traditional U.S. car manufacturers [1] Group 1: Impact on Electric Car Manufacturers - BYD and Tesla are likely to be the biggest losers from the proposed tariff, which could hinder their growth in the fast-expanding electric car market in Mexico [1] Group 2: Implications for Traditional U.S. Car Manufacturers - The tariff is expected to spare the traditional "Big Three" U.S. car manufacturers, potentially allowing them to maintain or increase their market share in Mexico [1]