Tesla Shares Rise Premarket After Trump, EU Reach Tariff Deal -- Market Talk

Dow Jones

2025/07/28

0840 GMT - Tesla shares edge higher Monday premarket after President Trump said he reached a trade agreement with the European Union. Trump said the U.S. would set a baseline tariff of 15% for European goods, including automobiles. Washington had earlier put a 10% baseline tariff on most EU goods exported to the U.S., as well as a 25% tariff on its auto industry. Tesla shares are up 1.8% at $321.68 Monday premarket. The company has a factory in Germany that produces hundreds of thousands of Model Y vehicles and millions of battery cells. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

July 28, 2025 04:40 ET (08:40 GMT)

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Trump said the U.S. would set a baseline tariff of 15% for European goods, including automobiles. Washington had earlier put a 10% baseline tariff on most EU goods exported to the U.S., as well as a 25% tariff on its auto industry. Tesla shares are up 1.8% at $321.68 Monday premarket. The company has a factory in Germany that produces hundreds of thousands of Model Y vehicles and millions of battery cells. (mauro.orru@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 28, 2025 04:40 ET (08:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}