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Forbes
130 days

Tesla Appears To Stop Orders For American-Made Cars In China As Beijing Raises U.S. Tariffs

1. Tesla removed the 'Order Now' button for Model S/X in China. 2. China raised tariffs on U.S. imports to 125%, affecting Tesla's imports. 3. Model 3 and Model Y remain available for order, assembled in Shanghai. 4. March saw an 11.5% decrease in sales of China-made Teslas. 5. Musk noted tariffs will significantly impact Tesla's costs and operations.

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FAQ

Why Bearish?

The removal of key ordering options and increased tariffs disrupt sales. Historical tariffs have negatively impacted Tesla's pricing and demand, as seen previously during trade tensions.

How important is it?

The article discusses immediate operational changes that could directly influence Tesla's sales and market share in China, a crucial market.

Why Short Term?

Immediate impacts include reduced orders for S and X, affecting short-term revenues. Long-term ramifications depend on tariffs and market conditions.

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