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 Investors are betting on Tesla’s brighter future as a surprise agreement to slash U.S.-China tariffs could boost the EV maker’s sales and reduce supply chain costs. 

Tesla Model S
Hadrian / Shutterstock.com

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Tesla shares jumped nearly 7% on Monday following a surprise announcement that the United States and China have agreed to dramatically reduce reciprocal tariffs to 10% for a 90-day negotiation period.

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