Tesla raises prices of its cars in Europe after increasing customs duties

Tesla raised the prices of its Model 3 cars in European countries by about 1,500 euros, after the European Union imposed customs duties on electric cars made in China.

In another context, Bill Gross, who was at one time the most influential investor in the US bond market, pointed out that Tesla stock has become a meme stock as a result of the many fluctuations it has witnessed in the recent period. The stock recorded strong gains in the last 10 trading sessions, with an increase of 43.6% since June 24.

Gross said that the positive delivery report for “Tesla” cars is not enough to justify such an amazing rise, stressing that the path of “Tesla” stock has become similar to speculative stocks among individual investors in the recent period.