Tesla Stock Skyrockets 10% on Tariff Relief Hopes & EV Price Cuts

Tesla stock soared 10% amid hopes for tariff relief and price cuts boosting demand. Investors reacted positively to potential U.S. trade policy adjustments and Tesla’s strategy to lower EV costs. Analysts believe the price reductions could strengthen Tesla’s competitive edge, driving higher sales and reinforcing its market position despite growing global competition.

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