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Tesla is sliding after slashing Model X and Model S prices in China (TSLA)





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  • Tesla announced it was slashing Model X and Model S prices in China to offset some of the impact from President Donald Trump’s tariffs.
  • Shares fell 3% following the announcement.
  • Watch Tesla trade live.

Tesla was sliding Friday, down 3% to below $328 a share, after the company announced that it was cutting prices on some vehicles in China to help offset some of the impact from President Donald Trump’s trade war.

The electric-car maker on Thursday said it was slashing prices on its Model X and Model S vehicles in China by 12% to 26% to make them read more >>>

Source:: BusinessInsider.Com

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