Elon Musk Opposes Tariffs on Chinese EVs

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Source: Fox Business
Elon Musk Opposes Tariffs on Chinese EVs
Photo: Fox Business
TL;DR Summary

Tesla CEO Elon Musk expressed opposition to government tax incentives for electric vehicles and tariffs on Chinese EVs, advocating for a market free of such interventions. He emphasized that eliminating both EV and oil and gas incentives would be ideal, and noted that Tesla competes well without these measures. Musk's comments follow new tariffs announced by the Biden administration and highlight the competitive threat posed by Chinese automakers.

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