Tata Motors Limited **Executive Summary** Tata Motors shares experienced a sharp decline following recent geopolitical developments. The sell-off was triggered by President-elect Donald Trump’s threat to impose new tariffs on European nations, raising concerns over trade barriers that could significantly impact the company's luxury arm, **Jaguar Land Rover (JLR)**. **Key Drivers** * **Tariff Exposure:** JLR maintains substantial sales exposure to the United States market. Potential levies on European imports threaten to erode margins and dampen demand for the subsidiary's vehicles. * **Operational Headwinds:** The tariff threat compounds existing challenges stemming from a recent **cyberattack**, which has disrupted production schedules and strained supply chains. * **Resilient Product Mix:** Despite external and internal pressures, sales of **higher-margin models** remain robust, providing a crucial buffer against broader volatility. **Market Outlook** Investors remain cautious, closely monitoring the interplay between looming trade policy shifts and the company's recovery from operational disruptions. Attention is currently focused on JLR's ability to navigate potential tariff implementations while stabilizing production.