US tariffs: how Trump’s tax is hitting Big Tech and beyond
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You can’t spell ‘S3XY’ without ‘S’ and ‘X’.
Tesla has stopped taking orders in China for new Model S and Model X EVs, which are manufactured exclusively in California and imported. With tariffs now at 125 percent on US imports, you can guess why.
It will still sell its Model 3 and updated Model Y, which are built in Shanghai and make up the overwhelming majority of its Chinese sales — Reuters reports it imported fewer than 2,000 S and X vehicles in 2024.
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