Tesla says it's getting slammed in China because of tariffs

Tesla says it's getting slammed in China because of tariffs

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/02/tesla-getting-killed-in-china-because-of-tariffs-cars-60percent-more.html

The trade war between the United States and China is battering Tesla's competitiveness, the company said when it released its third-quarter vehicle production numbers Tuesday.

In Q3, we were able to significantly increase Model S and X deliveries notwithstanding the headwinds we have been facing from the ongoing trade tensions between the US and China. Those trade tensions have resulted in an import tariff rate of 40% on Tesla vehicles versus 15% for other imported cars in China.

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