Automundo China

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

We recently published a list of 10 AI Stocks to Watch Now. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other AI stocks to watch now. The trade war between two of the world’s biggest economies, China and the US, is deepening even further. In a […]

BYD held a 29.3% market share in China's NEV market in March, maintaining the top position.

This is nightmarish news for Tesla, whose European dominance has hinged on the fact that Chinese EVs haven't made it to the continent in meaningful numbers yet.

The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year, a European Commission spokesperson said on Thursday.