Home Technology peripherals It Industry Musk opposes U.S. tariffs on Chinese electric vehicles, saying it's not a good thing

Musk opposes U.S. tariffs on Chinese electric vehicles, saying it's not a good thing

Jun 07, 2024 am 10:16 AM

At the recent VivaTech conference, Tesla founder Elon Musk expressed his opposition to the U.S. tariffs on Chinese electric vehicles via video connection. Musk said that the tariffs imposed by the United States on Chinese electric vehicles will lead to price increases and adversely affect Tesla's development in the Chinese market. He emphasized the importance of free trade and international cooperation and called on governments to relax trade barriers. During the question and answer session, Musk made it clear: "Neither Tesla nor I personally asked for these levies. Tariffs

. In fact, I was surprised when this news was announced. Anything that inhibits freedom of trade or distorts the market is not a good thing.” He emphasized that anything that inhibits freedom of trade or distorts the market is inappropriate. . Musk further pointed out that Tesla has performed well in the competition in the Chinese market, even without tariffs and special preferential policies. Therefore, he favors no tariffs on Chinese electric vehicles.

As far as the editor understands, this is not the first time Musk has publicly expressed his appreciation for Chinese automakers. In an earnings conference call in January this year, he said that

Chinese automakers are the most competitive automakers in the world

and predicted that they would achieve great success in the international market. Musk even bluntly stated that without the restrictions of trade barriers, Chinese automakers would probably easily defeat most other auto companies in the world. Musk opposes U.S. tariffs on Chinese electric vehicles, saying its not a good thing

However, Musk also mentioned that he currently does not see obvious opportunities to cooperate with Chinese automakers except under certain conditions, such as allowing them to use Tesla’s Supercharger network or granting rights. its self-driving technology. These remarks have triggered further industry attention on the competitive landscape of the future electric vehicle market.

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