Musk Voices Opposition To American Tariffs On Evs From China

5/29/2024 2:16:31 PM

(MENAFN- Investor Brand Network) In a surprising move sure to leave many eyebrows raised, Tesla CEO Elon Musk has announced that he
opposes the recent tariffs
levied on the Chinese electric vehicles by President Joe Biden's administration. While speaking to a Paris technology conference via video, the controversial billionaire said neither he nor Tesla asked for the Chinese EV tariffs, which were passed only a few days before the conference.

The new rates will see Chinese car makers pay 100% tariffs for every electric vehicle that enters American ports, essentially making it impossible for...

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