The electric automaker is set to be the big winner as China lowers its tariffs on imported cars and phases out its 50/50 law requiring foreign companies to set up a joint venture with a local firm in order to operate in the country.
For full interview, [click here](https://cheddar.com/videos/china-cuts-tariffs-on-auto-imports).
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.
Cetera Holdings CEO Mike Durbin sits down with Cheddar to discuss the important of financial planning, investment strategy and the state of today's market.