Tesla Stock Is Falling. Chinese Sales Drop and Trump Plans to Kill EV Credit. - Barron's
1. TSLA shares rose 6.7% due to improved U.S.-China trade relations. 2. Shares fell 1.1% in premarket trading to $314.99 this Tuesday. 3. Proposed tax policies could eliminate EV purchase tax credits by 2025. 4. Chinese EV sales fell nearly 9% year over year in April. 5. Tesla is positively affected by domestic manufacturing in the U.S.