“but we have a lot of opportunities to simplify especially parts tariffs and reduce that liability considerably, which would be upside for the company.”

How to check this claim

Look at: Tariff-related cost liability/impact disclosed by the company (e.g., net tariff cost impact on results)

It came true if: Reported tariff cost liability/impact for the period is lower than the previously disclosed figure (directional decrease)

Where: Company earnings release / management commentary on quarterly call (10-Q/10-K tariff disclosures)

Verify independently

SEC filings for F ↗ · Claim quote is verbatim from the 2025Q2 earnings call.