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Trump's trade war

Tesla is “absorbing” part of import tariffs to lower Model S and X prices in China
November 22, 2018

In an effort to make its electric cars more affordable to customers in China, Tesla has announced that it is cutting the prices of the Model S and Model X by 12 to 26% despite the ongoing trade war between the United States and the Asian economic powerhouse. Apart from lowering the prices of its two flagship vehicles, Tesla also opted to adjust the price of the Model 3, which is currently open for orders in the country.


https://www.teslarati.com/tesla-absorbing-import-tariffs-lower-model-s-model-x-price-china/
 
GM To Cut 14,700 Jobs And Close Plants In North America
Kyna Dole,HuffPost• November 26, 2018

General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.

https://www.yahoo.com/news/gm-cut-14-700-jobs-161323318.html
 
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