In today’s pre-mkt summary for Subscribers: China and the U.S. will meet this weekend in Switzerland to begin tariff negotiations. China also reduced its key policy lending rate and bank reserve ratio. CPCA reported that $Tesla(TSLA.US) China wholesale shipments (domestic plus exports) were the lowest first month of a quarter in the past ten quarters. $Rivian Automotive(RIVN.US) 1Q gross profit was positive for a second consecutive quarter but it reduced its FY’25 delivs guidance by -11%.
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