Tesla Energy Revenue Drops 16% on Tariff Refunds [2026]

Directly affected

• TSLA Tesla

  Named in this report.

Indirectly affected

• XLE Energy Select Sector SPDR

  Energy prices move when sanctioned supply is blocked

• USO United States Oil Fund

  This fund moves with oil prices

• XOM Exxon Mobil

  Oil producers move when sanctioned barrels leave the market

• CVX Chevron

  Oil producers move when sanctioned barrels leave the market

• AAPL Apple

  Sales and supply chains are exposed to a new tariff

• NKE Nike

  Sales and supply chains are exposed to a new tariff

• OXY Occidental Petroleum

  Oil producers earn more when crude prices rise

• COP ConocoPhillips

  Oil producers earn more when crude prices rise

• SLB SLB

  Oilfield work in sanctioned regions can be cut off

• GLD SPDR Gold Shares

  Gold is a usual haven when a conflict or sanction escalates

Price reaction, T-5 to T+3