Part 3/8:
Another area of concern arose when China implemented $14 billion in tariffs on U.S. goods, which initially triggered fear among investors regarding Tesla's market position. However, upon deeper analysis, it was revealed that the tariffs primarily target certain industrial vehicles and are unlikely to affect Tesla's operations significantly.
Tesla manufactures approximately 99.7% of its vehicles sold in China domestically. Therefore, while these tariffs represent a broader economic tension, their direct impact on Tesla seems minimal, alleviating fears of a major decline in sales.