Howdy Quakebum,
I apologize for the delay. As the wp.org faq stats, the way these forums are designed “bumps” actually delay responses. ?? Plus you caught our team while it’s on annual retreat/vacation, further delaying things. But, I’me here now!
Events by default do not have time zones. In WordPress you set the TimeZone of everything in WP Settings > General. And that applies equally to all WP Posts across the site including events. That said, we are considering deviating from the WP Norm here and adding timezones since events are somewhat unique. If this is a feature you would like to see, please upvote it here.
https://tribe.uservoice.com/forums/195723-feature-ideas/suggestions/4334469-include-time-zone
Cheers!
– Brook