The announcement is that US Tariffs are down to 30 percent for China and China reduces tariff to 10 percent for the US. The positive China-US trade news is being viewed as great news for Tesla. This is just the start for Tesla with the robotaxi release in about 20 days and the new lower priced cars.The positive China-US trade news is being viewed as great news for Tesla. This is just the start for Tesla with the robotaxi release in about 20 days and the new lower priced cars.
The U.S. will cut tariffs on Chinese goods to 30% (from 145%) for 90 days, while China will lower its levies to 10% (from 125%) for 90 days, according to US Treasury Secretary Bessent.
BREAKING: The US and China have reached a trade agreement on a 90 day pause.
The U.S. will cut tariffs on Chinese goods to 30% (from 145%) for 90 days, while China will lower its levies to 10% (from 125%) for 90 days, according to US Treasury Secretary Bessent. pic.twitter.com/5c7frxxNoW
— Sawyer Merritt (@SawyerMerritt) May 12, 2025
May 11, 2025 overnight trading is seeing Tesla up by 7.7% ($23) to $321 a share. A video I recorded 2 days ago, indicates what the scenario where Tesla reaches over $1000 by the end of 2025 is still possible. Key factors will be a successful introduction of lower priced models and the rollout of robotaxi in Austin and substantial scaling through the end of 2025.
I was anticipating good news on the macro side with tariffs and this has happened.
If Tesla scales robotaxi starting in June 1, 2025 then they will develop the only scaled self driving solution. Waymo and the China robotaxi only have about 3000 combined robotaxi vehicles.
Tesla can have 1000 times as many robotaxi in 2026.
Self driving cars can make taxi revenue by driving over 50,000 miles per year and make about $1 per mile in profit. Cars that make $50,000 per year starting in 2026 will drive demand for those vehicles.
The demand wave should start late in 2025.
Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up 0.33 percent to open at 3,352.97 points. The Shenzhen Component Index opened 0.92 percent higher at 10,220.33 points
China and US leaders have said talks have been positive and constructive.
US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described substantial progress and said details would be announced on Monday. China’s vice premier said the two sides have reached a series of major consensuses. China and the United States have agreed to establish an economic and trade consultation mechanism. China’s vice premier says that this will give the world more certainty.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
