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BTCC / BTCC Square / Global Cryptocurrency /
Tesla Stock Falls After Pulling Orders From China

Tesla Stock Falls After Pulling Orders From China

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-11 19:39:01
0
Tesla stock is down during Friday’s trading session after the EV maker pulled the option to purchase select Tesla vehicles in China. Tesla removed the “order” button from its China website for the Model S sedan and Model X SUV. The EV maker updated its model lineup both in China and the US due to tariffs and demand issues. This week, China raised its tariffs on US imports to 125% from 84%, contributing to the stock fall. Chinese customers can still purchase the vehicles from the country’s existing inventory, however, Tesla has only sold around 2,000 Model S and Model X EVs in China.
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