Tesla Suspends Model S and Model X Orders in China After Tariff Hike

MT Newswires Live
11 Apr

Tesla (TSLA) has reportedly suspended new orders for its Model S and Model X vehicles on its Chinese website and WeChat mini program, multiple media outlets reported Friday.

The suspension follows China's decision to raise tariffs on US goods to 84% in response to new US import levies.

Both the Model S and Model X are produced in the United States and imported into China.

In 2024, China imported 1,553 Model X and 311 Model S vehicles, Reuters reported, citing figures from the China Auto Dealers Association.

Tesla did not immediately respond to requests for comment from MT Newswires.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10