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Labrish
Nyuuz
Tesla Cancels China Parts Shipment Over Tariff Woes
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[QUOTE="Munyaradzi Mafaro, post: 33745, member: 636"] Tesla shares stand stronger these days because the company faces fewer tariff problems than other US car makers. Despite this advantage, Tesla deals with major supply chain issues. The company canceled plans to bring parts for its Cybercab and Semi trucks from China to America. Chinese imports currently face a 145 percent tax for vehicles and auto parts. Electronics like semiconductors and smartphones only have a 20 percent tax related to fentanyl concerns. Imports from other countries still carry a 25 percent tax. President Trump might allow some car companies limited breaks from tariffs to help them move operations away from Mexico and Canada, but China likely remains excluded. Reuters reports that Tesla abandoned its plans to ship Chinese parts for the Cybercab and Semi because of enormous tariffs. The company wanted to start early production next October, with full production in 2026. The shipping change has created problems at Texas and Nevada factories where these models would be made. Hardware issues aside, Tesla keeps making progress with self-driving technology. The company plans to release a fully autonomous version of FSD by June. Elon Musk claims Tesla vehicles will drive themselves from factories to new owners' houses this year. Podcast host Joe Rogan praises Tesla FSD as amazing, saying his car changes lanes around slow traffic, stops at lights and signs, signals, and turns automatically. [/QUOTE]
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Tesla Cancels China Parts Shipment Over Tariff Woes
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