1. Tesla is Sliding After Slashing Prices on its Model X and Model S in China

    Tesla is Sliding After Slashing Prices on its Model X and Model S in China
    • 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 1.8% following the announcement.
    • Watch Tesla trade live.

    Tesla was sliding Friday, down 1.8% to below $332 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...

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    1. We are absorbing a significant part of the tariff to help make our cars more affordable for customers in China.
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