Tesla's stock is projected to rise following a trade agreement between the U.S. and China that will significantly reduce tariffs for at least 90 days. Previously, high tariffs (125%) on American-made vehicles in China had pressured Tesla's operations and stock value. The new arrangement will lower these tariffs to 30%, alleviating some fears in the market and contributing to an optimistic outlook for Tesla. Analysts like Morgan Stanley also highlight Tesla's potential for a $5 trillion market opportunity with its humanoid robots, indicating long-term growth prospects beside immediate tariff relief.
"The announcement of a trade deal between the United States and China is expected to boost Tesla's stock, with futures indicating a potential increase of about 1% when markets open."
"Tariffs on Chinese imports will drop from about 125% to 30%, providing some relief for Tesla, which had previously suspended new orders in China due to these high tariffs."
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