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Live Coverage Has Ended

Chinese Automakers See Steep Declines

Photo of Eric Bleeker
By Eric Bleeker Published

Live Blog Update #1 Published

← Back to Full Coverage: Live Market Updates: EV Stocks Sink with Tesla (NASDAQ: TSLA) Down 2%

Following the White House reiterating 104% tariffs will take effect at midnight tonight, Chinese EV makers have seen steep declines.

For example, Nio (NYSE: NIO) is now down more than 9% in late trading. Nio is now down more than 50% from where it traded in October.

All Updates from Live Coverage

Futures Are Red for Tomorrow

| Eric Bleeker
Live

Hopeing for some relief on Wednesday? So far, futures don’t point to a rosy future. As of 10:30 p.m. ET, Nasdaq futures are pointing to a 100 point loss at the open tomorrow.

 

Tesla Now Down 4%

| Eric Bleeker
Live

Stocks are selling off aggressively into the close. Tesla shares are now down 4%.

The Nasdaq Composite has now fallen 6.4% from its intraday high.

View Full Live Blog (3 Updates)
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About the Author Eric Bleeker, CFA →

Eric Bleeker has been investing for more than 20 years. He began his career working at Microsoft before joining Motley Fool, one of the largest publishers of financial research. In his 15 years at Motley Fool Eric served as the General Manager for Fool.com and led coverage in the Technology & Telecom sector. In addition, he was a featured columnist and has hosted dozens of investing seminars attended by more than a million total investors. Eric has more than 1,000 financial bylines to his name and has been featured in The Wall Street Journal, CNBC, Fox Business, and many other leading publications. He is currently focused on artificial intelligence investing and is a CFA Charterholoder.

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