Tesla Secures Lower Tariff for China-Made EVs in EU, Stock Shows Resilience

Tesla has secured a lower 9% tariff for its China-produced electric vehicles (EVs) exported to the European Union (EU), compared to other Chinese EV makers facing higher tariffs. The EU’s decision is aimed at addressing unfair competition from Chinese subsidies. Despite the new tariff, Tesla’s stock has shown resilience, bouncing back after a recent drop, suggesting investor confidence in the company’s value.

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