Read more
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 

8 May 2026, 5:43 PM

Microsoft: Hedge Fund Sharply Cuts Position and Warns About AI Risks

8 May 2026, 4:34 PM

Cloudflare: strong results, weak outlook, and a painful market reaction

8 May 2026, 3:33 PM

US Open: Earnings season and strong NFP report drive Wall Street higher!

8 May 2026, 12:59 PM

CoreWeave results: Expansion without profit and without direction

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