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InvestTalk 6-26-2024 – EU Slaps Steep Tariffs on Chinese EVs: How It Impacts Tesla

InvestTalk 6-26-2024 – EU Slaps Steep Tariffs on Chinese EVs: How It Impacts Tesla

FromInvestTalk


InvestTalk 6-26-2024 – EU Slaps Steep Tariffs on Chinese EVs: How It Impacts Tesla

FromInvestTalk

ratings:
Length:
46 minutes
Released:
Jun 26, 2024
Format:
Podcast episode

Description

The European Union has announced a significant increase in tariffs on Chinese-made electric vehicles, with hikes of up to 38%. This move will have far-reaching implications for the entire EV market in Europe, as automakers from various regions adjust their strategies to adapt to the new trade landscape. While Tesla's China-produced vehicles will be directly impacted by these higher import duties, the consequences extend beyond a single company. Automakers from China, the US, Europe, and other parts of the world will need to reevaluate their pricing, production, and supply chain strategies to remain competitive in the European market. Today's Stocks & Topics: OXY - Occidental Petroleum Corp., Market Wrap, AESI - Atlas Energy Solutions Inc., EU Slaps Steep Tariffs on Chinese EVs: How It Impacts Tesla, NXST - Nexstar Media Group Inc. Cl A, Bonds and Treasuries, Borrowing Costs, GEV - GE Vernova Inc., Stock Losses and the Wash-Sale Rule, ARCC - Ares Capital Corp., Forecast X.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/* Check out eBay Auto: www.ebay.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Released:
Jun 26, 2024
Format:
Podcast episode

Titles in the series (100)

In today's ever changing global economy, understanding investment options can be a daunting, time-consuming task. With all the opinions and hearsay that can bombard investors, education is a key component to success. That's why more and more savvy investors are tuning into InvestTalk. InvestTalk is a weekday program that looks at new and relevant investment topics each weekday, and answers questions about financial and retirement planning, money management as well as general concerns about the stock market with financial adviser, Steve Peasley.