11:16 AM · 26 September 2023

Tesla under pressure from European EV probe ⚡

Tesla (TSLA.US) and other European automakers that import from China into the EU will be part of an investigation into whether the electric vehicle industry receives unfair subsidies, the Financial Times reported, citing Valdis Dombrovskis, the EU's executive vice president.

The EU is "open to competition" in the electric vehicle sector, the official added, but "competition must be fair," adding that other countries have already imposed tariffs on electric vehicles from China. The investigation will cover all companies (not just Chinese) that receive subsidies on the production side. 

This situation for Tesla (TSLA.US) itself could prove problematic, as nearly 20% of all the brand's electric vehicles sold in Europe are manufactured in China, including at a factory in Shanghai. 

The company's shares are losing nearly 1% before the start of the session on Wall Street. Source: xStation 

30 June 2026, 10:25 AM

Market Wrap 🔼 European and U.S. Stocks Gain - Morgan Stanley Sees Upside in Europe (30.06.2026)

29 June 2026, 6:20 PM

Alphabet joins the DJIA and gains over 4%🚀

29 June 2026, 4:23 PM

Will the AI boom force Apple to use memory chips on the Pentagon’s “blacklist”?❓A U.S. senator responds🏛️

29 June 2026, 1:50 PM

"Rammmagedon” ends up in court: Antitrust lawsuit and investments in Korea

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits