Tesla is sliding after slashing Model X and Model S prices in China (TSLA)
|11/23/2018||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>