Trump tariffs go back in Elon Musk, as Tesla pulled models built from the United States

• Tesla In China, the model and M model stopped taking an order forNow encounter 125% import duties caught by Beijing. Local customers are still able to choose from new cars in the exhibition halls within the country. Fortunately, the damage to Tesla is not a high demand because it is minimal.

Trump administration’s trade war with China, Tesla’s largest growth market was forced to take two cars.

Its electric vehicle manufacturer is no longer accepting orders for sedan and sister model X crossover of their reward model. Both are only established in California for exports in the world, subordinate to duo New 125% import status Beijing has taken revenge for themselves in this week’s Trump-like penalty tariff.

Sales of two models are already available only from the vehicle reduction inventory, Tesla, Cremont Francisco is sent to Chinese halls from the Fremont plant near Francisco.

The decision comes as a musk trump supported In the elections in more than a quarter of a billion dollars, the whole world caused markets to markets, ignited the trade war. Tuesday, Trump blinking Had entered into effect only for a few hours after the new regime of the new penalty tariffs, sniveling “Yippy” point.

However, he grabbed strong on Chinese tariffs and Beijing now answered kindly.

Tesla is almost only trust in the Shanghai factory for the Chinese market

Fortunately, the damage to investors is minimal. Current assessments are at risk of more than 2,000 models and x sections, and the percentage of Tesla’s global annual volume is a bit of it.

Tesla for one, does not rely on exports to China. Like other foreign brands of main players in China, a large batch of sales comes from local and welded vehicles. In the work of Tesla, the Shanghai factory builds Y and 3 models.

Usually, karmakers export pink niche models to compete in only segments, so the additional costs of built a second mounting line can not be economically justified in the size of a market.

It goes to the same extent for luxury cars such as BMW 7 series and Mercedes-Benz S-Class, as well as Musk Model S and X.

Second, at this point, Tesla Duo is so old, compared to the new model 3 and the model Y., it is often unchanged for duriagurous in 2012.

Tesla did not respondFortuneSurvey for comments.

This story was first displayed Fortune.com

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