China risks loom over U.S. tech giants Tesla and Apple as share prices plunge
Publishing timestamp: 2023-01-04 11:50:50
Summary
Apple and Tesla are facing major headwinds in China, causing their stocks to drop. Apple is facing supply chain issues and decreased demand for their iPhones, while Tesla is facing supply chain issues and increased competition from domestic rivals.
Sentiment: NEGATIVE
Tickers: TSLA, NIO, 2354-TW, AAPL, LI,
Keywords: united states, elon musk, china, li auto inc, electric vehicles, apple inc, nio inc, foxconn technology co ltd, earnings, iphone, technology, asia economy, autos, business news, tesla inc,
Source: https://www.cnbc.com/2023/01/04/tesla-and-apple-face-china-risks-as-share-prices-plunge.html