Tesla’s stock is getting caught in the crosshairs of the Trump-China trade war - MarketWatch
1. Tesla stock dropped 6.1% amid China tariff retaliation news. 2. Sales in China down 22% while overall NEV sales up 46%. 3. Tesla's revenue from China accounts for 21.4% of total revenue. 4. Elon Musk's government ties contribute to declining sales and sentiment. 5. BYD’s sales up 58%, contrasting Tesla's weak performance.