Porsche AG said its profit margin will slip into single digits this year, with the luxury-car maker warning about US tariffs and higher costs from weak electric-vehicle adoption.

Want to know how much Porsche is worried about US tariffs, slowdown in China and battery production? Quite a lot

Electric vehicles are a tough business anywhere in the world, but the situation in China is brutal for outside automakers. Chinese brands produce a staggering variety of EVs, making it hard for foreign companies to compete,