Tesla cars in China cost more than $ 20,000

The American automaker Tesla Inc. (TSLA.O) increased the price of X and S cars in China by about 20% becoming the first automaker to increase its prices at The largest 19659002] This move is the first indication of the impact of Chinese tariffs on imports of cars from the United States and how many other manufacturers will follow the movement of Tesla or p The remittances constitute a larger share of production in China . "It's just the first chapter in this story," said James Chao, an analyst for Shanghai at IHS Markit, who predicts that more companies around the world will be affected by a commercial turnaround . China has introduced more car import tariffs from the United States, according to the decision of US President Donald Trump to introduce Chinese goods rights of value $ 34 billion . $ 128,779 compared to $ 107,667 in May, while a sports car model X costs $ 140,494 compared to $ 117,517 in May. Practically, Tesla has increased the price of its cars for more than $ 20,000.

The increase in Tesla's car comes when this company plans to build a factory in Shanghai to serve the Chinese market. The company currently sends more than 15,000 cars a year to China. Elon Musk is expected to travel to Shanghai on July 10, reports Bloomberg, citing people familiar with the plans. Musk will also visit Beijing on Wednesday and Thursday, said Bloomberg, citing one of the sources.