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Tesla Reportedly Developing A Cheaper Model Y 'E80' Variant With Fewer Features In China
Trump to Ease Impact of Tariffs on U.S. Automakers, Lutnick Says
Tesla may lose a key market! New York state lawmakers propose closing all its local stores.
① New York state lawmakers have proposed to cancel Tesla's direct sales rights in the state, and several Tesla stores in the state may face closure; ② New York State Senator Fahy stated that she can no longer support Tesla's direct sales privileges due to Musk's role in the Trump administration; ③ If all Tesla stores in New York State are closed, product demand may be further impacted, as Tesla is already facing sales issues due to political factors.
A JPMorgan survey indicates that the S&P 500 Index has peaked this year, but investors remain bullish on the Magnificent 7.
① A JPMorgan survey shows that 93% of investors believe the S&P 500 Index will hover around 6000 points or lower in the next 12 months, with 40% expecting it to remain within the 5000-5500 points Range; ② Respondents unanimously believe that trade wars and tariff uncertainties will trigger economic consequences, with 61% expecting the USA economy to face stagflation in the next 12 months.
Will the Autos tariff exemption be imminent? U.S. government officials predict that Trump will take action on Tuesday!
① Officials in the USA stated on Monday that the Trump administration will take action on Tuesday to mitigate the impact of its auto tariffs; ② Following market turmoil and strong lobbying from the Autos Industry, easing the impact of auto tariffs will be the latest shift in Trump’s trade policy.
News Highlights: Top Company News of the Day - Monday at 9 PM ET
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