Tesla stock wobbles as Canada reopens door to China-made EVs — what traders watch next
Tesla shares slipped 0.2% in early New York trading Tuesday as investors reacted to Canada’s new EV import quota, which could allow Tesla to resume shipments of China-made vehicles. Canada will permit up to 49,000 Chinese EVs annually at a 6.1% tariff, but half the quota is reserved for cars under C$35,000, above Tesla’s price range. Tesla and Syrah Resources also extended a graphite supply deadline to March 16, 2026.
