Trade War Affecting Tesla
Every day I drive by a car shipping port in Richmond, California. When I look by I see whole lots of Tesla's getting ready to be shipped to Asia. Tesla has a big market selling products to Asia and owning a Tesla in Asia is a big status symbol. Yes, the trade war is mostly FUD, but if trump does follow through with the tariffs, Tesla could get hit hard. With the selloff, the market is obviously worried, and they have a right to be. But i don't think the tariff will be enough to put Tesla under. we will really just have to wait and see. If this is FUD, I think we will get a rebound on previous price levels.
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