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Tesla Stock Heads for Weekly Gain. Why This China Graphite Tariff Could Affect EV Prices.
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Tesla Stock Heads for Weekly Gain. Why This China Graphite Tariff Could Affect EV Prices.

  • July 18, 2025
  • Roubens Andy King
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Tesla stock rose early Friday as investors weighed new import duties on material for electric-vehicle batteries from China. Shares of the car company led by CEO Elon Musk rose 1.3% to $323.45 in early trading, while the and were up 0.3% and 0.1%, respectively. The Commerce Department on Thursday ruled that China is illegally dumping graphite materials into the U.S. An anti-dumping duty, which is similar to a tariff, of 93.5% was placed on certain graphite imports.

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