Previous close | 41.88 |
Open | 41.88 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 270.00 |
Expiry date | 2025-12-19 |
Day's range | 41.88 - 41.88 |
Contract range | N/A |
Volume | |
Open interest | 2.61k |
The European Union is preparing to slightly reduce the additional tariff rates proposed for electric vehicles that Tesla Inc. (NASDAQ:TSLA) and other carmakers import from China, Bloomberg reported on Tuesday citing people familiar with the matter. The report said that Tesla’s proposed tariff rate will be lowered to just under 8%, down from the originally planned 9%. EU member states are scheduled to vote on the final tariff proposal, which is set to take effect in November.
Monday’s news could be a smart decision to slash costs or signal a shift in the technology that powers self-driving.
The EV maker disclosed a collaboration with Eaton that will help its residential power-storage products provide backup electricity for longer during outages.