Tesla uses 180 pounds of copper per EV, over 3x more than gas cars. Copper's 13% surge threatens EV margins amid new tariff noise. Blame The Tariff—Or The Speculators? Jim Cramer thinks the surge isn't entirely organic. He took to X to call the Trump administration's copper tariff "gratuitous," warning it could make both data centers and Teslas more expensive to build. And with AI infrastructure and EVs both guzzling copper like there's no tomorrow, that extra cost has nowhere to hide. Meanwhile, traders are calling the surge a "God Candle"—a slang term for an epic breakout, noted Barcharts on X. Whether the move sticks or fizzles, companies like Tesla will feel it first. A Shock To The Supply Chain The irony? Copper was supposed to be the backbone of the green transition. Now it's threatening the affordability of EVs just as mainstream adoption gains speed. Tesla, which has long prided itself on vertical integration and margin control, may soon be forced to make some tough sourcing decisions. For now, investors might enjoy the heat in copper miners. But Tesla? It's sweating the small stuff—180 pounds of it per car. Loading...