Tesla's plans to ship components for its Cybercab and Semi electric trucks from China to the U.S. have been suspended due to escalating tariffs imposed by Trump.
This disruption could delay Tesla's ambitious production timeline for these new models, which were critical to the company’s growth strategy.
Trump's tariffs on Chinese goods have escalated to 145%, disrupting Tesla's shipping plansThe suspension affects Tesla's Cybercab and Semi production, both targeted for mass production by 2026Tesla was initially prepared to absorb a 34% tariff but could not handle the increased rateThe suspension of shipments impacts Tesla’s robotaxi and Semi truck production goalsTesla has also paused accepting new orders for the Model S and Model X due to retaliatory tariffs from China.
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Info via Reuters
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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