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The Guardian
130 days

Tesla stops taking orders in China for two models imported from US

1. Tesla halts orders for Model S and Model X in China due to tariffs. 2. US tariffs on China reach 145%, making imports less attractive. 3. Model 3 and Model Y are produced in Shanghai, reducing tariff impact. 4. Sales negatively affected by Musk's association with Trump, and aging models. 5. Analyst warns of a 'full-blown crisis' for Tesla amid market challenges.

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FAQ

Why Very Bearish?

Halting orders in a major market like China severely impacts revenue potential. Historical parallels exist with other automakers that faced declines due to trade wars.

How important is it?

The article discusses critical changes in Tesla's operations affecting its key market. Concerns around leadership and market position further underline its relevance.

Why Short Term?

Immediate effects on sales from halted orders will be felt quickly. However, impacts might shift as market conditions change or if tariffs are lifted.

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