The European Union has proposed tariffs of up to 38.1% on Chinese electric vehicles, which EU leaders framed as a measure to counter unfair competition.However, investors see these additional ...

Elon Musk braces for European Union battle as Tesla faces huge tariffs in crackdown on Chinese EVs. ... a 100 per cent border tax after President Biden warned they could "kill" the US car ...

Elon Musk expressed his hope Saturday for a "zero tariff situation" between the US and Europe — appearing to break from President Trump just days after he levied tariffs against virtually every ...

The EU imposed tariffs on China-made EVs at the end of October after an anti-subsidy investigation. The rate for Tesla was 7.8%, lower than any of its competitors.

Elon Musk and US President Donald Trump shake hands as they attend the men's NCAA wrestling competition at the Wells Fargo Center in Philadelphia, Pennsylvania, on March 22, 2025.

Elon Musk speaks with U.S. President-elect Donald Trump as they watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024, in Brownsville, Texas.

Despite opposition from Germany, the European Union will start imposing tariffs as high as 45 percent on Chinese-made electric vehicles. Elon Musk’s marque takes the smallest hit.

Summary. CEO Elon Musk opposes Tesla's tariffs, which could significantly harm Tesla's financials and market position. Tesla's car prices could rise by $4,000 if tariffs are passed to consumers ...

Last year, Canada implemented 100% tariffs on electric vehicles coming from China. The move followed the US, and it was almost entirely to protect American automakers from the competitive Chinese EVs.

WASHINGTON – Elon Musk called for a "zero tariff situation" between the U.S. and Europe on Saturday amid stock market trepidation about President Donald Trump's massive new tariff regime. Musk ...

ROME, April 5 (Reuters) - U.S. tech-billionaire Elon Musk said on Saturday he hoped in future to see complete freedom of trade between the United States and Europe, speaking days after U.S ...