Automundo China

Tesla has stopped taking orders for Model S and Model X in China, likely due in part to a worsening trade war that has hit both imported models.

Tesla Inc.’s website in China has removed the ‘order now’ option for Model S and Model X electric vehicles, which are both imported, just days after China retaliated against US President Donald Trump’s tariffs by raising levies of its own.

The EU and China agreed to begin talks on setting minimum prices for Chinese electric vehicles to avoid further trade tariffs.

Tesla has suspended taking new orders for Model S and Model X vehicles on its Chinese website, according to checks made by Reuters on Friday. New orders for the two imported models are also no longer available on the U.S. automaker's WeChat mini programme account. Tesla did not immediately respond to a request for comment.

At biggest risk US$13.6 billion worth of components which China ships to the US annually.

Also in this newsletter, ecommerce companies head to small towns and RBI cuts the repo rate

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