The Tesla CEO spoke out about the recent tariffs at a conference in Paris
The boss of Tesla had previously said Chinese carmakers would pretty much demolish other marques without trade barriers. Stellantis chief executive Carlos Tavares also recently spoke out against the tariffs. Musk says Tesla performs quite well in China with no tariffs. Tesla chief executive Elon Musk has apparently had a change of heart and revealed that he does not support the recent 100% tariffs levied against Chinese EVs imported into the United States.
“Tesla competes quite well in the market in China with no tariffs and no deferential support. I’m in favor of no tariffs.” Musk isn’t the only powerful industry executive who doesn’t support these new tariffs. Earlier in the week, Stellantis boss Carlos Tavares described the tariffs as a “major trap,” asserting they will discourage Western carmakers from restructuring to meet the challenges proposed by Chinese competitors. “ a major trap for the countries that go on that path,” he said.
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