China is slapping $75 billion in new tariffs on U.S. goods, including automobiles. Still, most cars are produced locally, making the Chinese tariff decision a macroeconomic problem and not a car issue. Of course, auto stocks aren’t going up today on this news.

source https://finance.yahoo.com/m/54de22eb-f481-3f4b-893f-6da97c8c4a44/tesla-stock-is-a-casualty-as.html?.tsrc=rss