Elon Musk Opposes US Tariffs on Chinese EVs

1 min read
Source: Reuters
Elon Musk Opposes US Tariffs on Chinese EVs
Photo: Reuters
TL;DR Summary

Elon Musk, CEO of Tesla, has reversed his stance on U.S. tariffs on Chinese electric vehicles, now opposing measures that distort the market. This comes after President Biden introduced new tariffs on Chinese imports, including EVs, to support American manufacturing. Musk emphasized that Tesla competes well in China without tariffs and advocates for free market exchange.

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