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Tesla (TSLA) Faces Supply Chain Risks as $1.12B Xusheng Contract Highlights China Exposure Amid Trade Tensions

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • China’s Xusheng Group secured a $1.12 billion eight-year auto parts contract starting 2026 with a North American automaker, likely Tesla, amid US-China trade tensions and Tesla’s cautious supplier reliance shift.
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TSLA price history

361.64 -15.22% over the displayed period

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