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Stockreport

EU tariffs slow China NEV exports [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Last week, the European Union introduced provisional tariffs of up to 37.6% on China-made electric vehicles (EVs) to safeguard against what it described as a potential flood of unfairly subsidised EVs, a move China strongly opposed, Reuters reported. "New energy vehicle exports currently face temporary pressure," Cui Dongshu, secretary general at the China Passenger Car Association (CPCA), reportedly said. "Our (NEV export) growth used to be at least 30 40% and it has slowed to only more than 10%, meaning (the tariffs) had a 20-30 percentage point impact on (NEV export growth), a conspicuous short-term impact," Cui added. Reuters said he was speaking after the CPCA reported China's domestic car sales fell for the third month running in June. The report said NEV exports rose 12.3% year on year in June but were down 15.2% from May with NEV exports accounting for 21% of total car exports, down three percentage points from June 2023. Reuters noted Tesla exports of China made EV [Read more]
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Stockreport

EU tariffs slow China NEV exports [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Last week, the European Union introduced provisional tariffs of up to 37.6% on China-made electric vehicles (EVs) to safeguard against what it described as a potential flood of unfairly subsidised EVs, a move China strongly opposed, Reuters reported. "New energy vehicle exports currently face temporary pressure," Cui Dongshu, secretary general at the China Passenger Car Association (CPCA), reportedly said. "Our (NEV export) growth used to be at least 30 40% and it has slowed to only more than 10%, meaning (the tariffs) had a 20-30 percentage point impact on (NEV export growth), a conspicuous short-term impact," Cui added. Reuters said he was speaking after the CPCA reported China's domestic car sales fell for the third month running in June. The report said NEV exports rose 12.3% year on year in June but were down 15.2% from May with NEV exports accounting for 21% of total car exports, down three percentage points from June 2023. Reuters noted Tesla exports of China made EV [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS