Tesla's Elon Musk said at a conference in Paris on Thursday that he doesn't agree with President Biden's tariff on Chinese-made electric vehicle imports.
"Tesla competes quite well in the market in China with no tariffs and no deferential support," Musk said."I'm in favor of no tariffs.""Neither Tesla nor I asked for these tariffs," Musk said during a question and answer session at the VivaTech conference Wednesday in Paris."In fact, I was surprised when they were announced."it was placing a 100% tariff on Chinese-made electric vehicle imports to the U.S.
It's a change of tune for Musk, who suggested earlier this year that Chinese EV companies will crush competitors elsewhere in the absence of trade restrictions.‘It's time to break up Live Nation': DOJ sues Ticketmaster parent company over illegal monopoly "Frankly, I think, if there are not trade barriers established, they will pretty much demolish most other companies in the world," Musk said on the company's
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