Tesla Is Being Impacted By The Trade War More Than Most
Digital Trends reports that Tesla is being hurt by the tensions between the U.S. and China.
With China being a massive and expanding market for all manufacturers, the trade war is making everyone cautious.
Tesla’s stock took a hit on Monday, dropping 6.3% and dipping to its lowest share price since January 2017.
In January, Elon Musk broke ground on a Gigafactory in China, and the total investment in the project is expected to exceed $4 billion, according to Goldman Sachs.