https://www.cnbc.com/2018/10/03/tesla-shares-drop-after-analysts-worry-about-china-trade-war-risk.html

The escalating trade conflict between the U.S. and China could be bad news for Tesla, according to J.P. Morgan.

On Tuesday, Tesla cautioned investors about the "headwinds" in China from the trade war in its third-quarter vehicle production and deliveries announcement. The company said the trade conflict has led to a 40 percent import tariff on Tesla vehicles exported to China.