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China Daily / 2024-05 / 25 / Page007

Musk says he opposes tariffs on Chinese EVs

China Daily | Updated: 2024-05-25 00:00
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PARIS — Tesla founder Elon Musk told tech investors in Paris on Thursday that he opposed US tariffs on Chinese electric vehicles and that he did not favor measures that distorted the market.

This month, US President Joe Biden rolled out new tariffs on an array of Chinese imports, including EVs, seeking to support manufacturing in the United States.

"Neither Tesla nor I asked for these tariffs. In fact, I was surprised when they were announced. Things that inhibit freedom of exchange or distort the market are not good," Musk told the Viva Technology conference in Paris via video link.

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