Tesla Price Hike Hits Chinese Car Buyers After Xi’s Retaliation Bites — Panjiva
Más

Panjiva_research_logo

Tesla Price Hike Hits Chinese Car Buyers After Xi’s Retaliation Bites

China 1758 Cons. Discr. - Autos 661 Tariffs 1169 U.S. 3297

Tesla has increased the list price of its electric vehicles in China by around 18% after the application of 25% duties on U.S. auto imports in retaliation for America’s tariffs on Chinese exports. Passenger cars broadly accounted for $10 billion of imports from the U.S. in the past 12 months or 29% of the American products targeted. Exports of electric vehicles from America to China from all manufacturers were worth $1.6 billion in the past 12 months – or 46% of total U.S. exports – after a 32% improvement in the past quarter.

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.