ARKK ARK Innovation ETF
- 49.305
- +1.355+2.83%
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Price increases, layoffs, and changes in production, the "25% tariff" is reshaping the USA auto industry.
USA auto manufacturers are adopting various strategies to cope with tariff uncertainties: Ford plans to raise new car prices next month, Tesla has reportedly suspended parts imports for the CyberCab and Semi projects, and has halted the overseas sales of Model X and S vehicles produced in the USA, while the Volvo AB Unsponsored ADR Class B truck plant is expected to lay off workers...
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The outlook for tariff negotiations is uncertain, U.S. stock Futures have decreased, European stocks opened lower collectively, and the dollar has weakened.
In Pre-Market Trading, Growth Tech stocks experienced widespread declines, with NVIDIA and Tesla both dropping nearly 1%. JD.com fell about 5%, while Ideal dropped over 2%. European stocks opened lower collectively, and the euro rose 0.6% against the dollar, reaching 1.1386. Spot Gold increased 1.2% to $3,327.98 per ounce.
Is Musk planning to refocus on Tesla? White House officials respond, saying he can't go anywhere.
① Tesla CEO Musk stated that he will reduce his time spent on the Department of Government Efficiency (DOGE) and focus more on Tesla's Business, which has reassured investors; ② however, White House officials expect that Musk will still spend a significant amount of time on DOGE and supporting Trump's agenda.