Tesla, Trump and auto stocks
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Trump said a new 25% tariff would apply to all cars and light trucks not made in the US.
From Insider
From Donald Trump turning up the heat again, to 23andMe fearing the worst, we round up the big stories in business and finance over the week to March 28.
From Reuters
British carmakers will meet ministers on Friday morning to discuss their response to US President Donald Trump's placing 25% tariffs on car imports from next week, the BBC understands.
From BBC
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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
As Tesla continues to position itself as a leader in the electric vehicle market, new releases like the Model Y Launch Edition offer a fascinating glimpse into the dynamics of demand and customer preferences in today's automotive landscape.
European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grew.
The Tesla badge no longer carries the cachet it once did. Across the country, owners are trying to unload their electric vehicles only to face a market where buyers have vanished, and values are in free fall.
Tesla's market share in Europe continued to shrink in February as sales of the all-electric car maker dropped for a second month even as EV registrations overall on the continent grew.
According to Teslarati, the new Tesla showroom will occupy a 4,000-square-foot space in Mumbai's Bandra Kurla Complex. The five-year lease will cost Tesla about $40,100 monthly (Rs 35 lakh). Tesla also plans to open a second showroom in New Delhi eventually.
A new industry report found a 33% increase in used Tesla listings, attributing it, in part, to Elon Musk's actions affecting the brand's reputation.