Automundo China

Tesla CEO Elon Musk has strongly opposed the new tariffs, labeling them as detrimental to free trade and market fairness. At a Paris tech conference, Musk emphasized, "Things that inhibit freedom of exchange or distort the market are not good."

Amid intensifying competition, the U.S. automaker is deepening its investment in China, with the first such facility outside of the U.S. to make batteries for utilities and commercial use

Elon Musk expressed disagreement with Biden's new tariff on imported Chinese EVs, stating that Tesla competes effectively in China without tariffs or support and advocating for a no-tariff policy. The

Tesla CEO Elon Musk flipped his stance on China tariffs during a conference on Thursday.

On May 23, Tesla founder Elon Musk said he was taken aback by US President Joe Biden's decision to impose 100 percent tariffs on imported Chinese electric vehicles.

As Tesla navigates a turbulent year, its troubles seem to be extending from China to Europe, with investors increasingly concerned about the electric vehicle (EV) maker’s future. Tesla’s stock has plummeted nearly 25% this year, erasing over $195 billion in market value. This dramatic decline is attributed to a combination of factors, including slumping demand […]

Tesla CEO would have preferred no tariffs, even though they’re beneficial to his company

After making the claim in 2021 and 2022 annual reports, the automaker dropped the wording in its latest edition

Thailand’s manufacturing base is weakening, and competitiveness is plummeting. Key issues like the EV car gamble and economic integration with China should be dominating Monday’s… Read More ›