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Tesla Is Being Impacted By The Trade War More Than Most

Video Credit: Wochit Business - Duration: 00:35s - Published < > Embed
Tesla Is Being Impacted By The Trade War More Than Most

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.

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Tesla Is Being Impacted By The Trade War More Than Most

MAY 9, 2019, FILE PHOTO AN OCT.

3, 2018, FILE PHOTO




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