we asked dilin wu from melbourne—based investment firm pepperstone for some reaction to the move by canadaorts. given the close relationship between canada and the us. i'm not really surprised. they align with the us policies on automotive issues, and right now tesla is actually the only chinese ev making its way to canada, and it's actually outpaced byd and mg last year to become the top exporter of chinese ev. so it's interesting that canada's trade protectionism seems to be hitting tesla first. and after the announcement yesterday, tesla stock dropped by 3.2%. and also, personally, i'm not too worried about how chinese ev brands will fare because for one, canada isn't the main market for this exports, overall, europe is. plus, like policy makers from canada have said that shifting the production to other countries will get around these tariffs. so byd, for example, is planning to set up a new ev assembly plant in canada next year and this action won't be affected by this higher tariffs. so, um, overall, ithink tesla might need to rethink its production and sales strategies. but for like

joining me now is dilin wu, research strategist at pepperstone. welcome to the programme.. let's start off first with 100% tariff. what of reaction has been to this? ~ .. ., , this? well, actually, personally, - this? well, actually, personally, given . this? well, actually, | personally, given the this? well, actually, - personally, given the close relationship between canada and the us and early surprise they align with the us policies on automotive issues with the right now tesla is actually the only chinese ev making its way to canada and is actually outpacing be widely and mg to become the top exporter of chinese evs. it is interesting that canada's trade reductionism is seen to be heading tesla first. after the announcement yesterday, tesla stock dropped by 3.2% and also personally i am not too worried about how chinese ev brands will fare. because, for one, canada isn't the main market for this export or overall. europe is. plus, policymakers from canada have said that shifting the production to other countries will get around these tariffs. so byob, for example, is