Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's China-made vehicles. The bloc has also set tariffs of up to 35.3 percent on other China-made EVs. The new tariffs come on top of a 10 percent standard import tariff that was already in place for electric vehicle imports into the EU.
Tesla TSLA has joined BMW and several Chinese manufacturers in challenging EU tariffs on China-made electric vehicles at the Court of Justice of the European Union (CJEU), per a court filing. While the tariffs are significantly lower than the 100% punitive duties imposed by the United States and Canada on Chinese battery electric vehicles (BEVs),
The challenge will open a new front in Brussels' conflict with Elon Musk, Tesla CEO and ally of U.S. President Donald Trump. Earlier this month, the EU stepped up its probe into Musk's social media platform X over content moderation.
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
The bear case is that CEO Elon Musk is famously overly optimistic and widespread deployment of AI-trained self-driving cars is still years away. “I know people said Elon’s the boy who cried wolf,” Musk said on Tesla’s Wednesday evening earnings conference call.
Tesla's lawsuit concerns new tariffs on Chinese-made EVs, arguing they disrupt competition and advancement in the European EV market
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Trump's tariffs will protect the US auto industry just long enough for it to decline into technological obsolescence.
Tesla has launched a legal challenge against the European Union over tariffs imposed on Chinese-made electric vehicles, according to court records. The American automaker lodged its complaint at the General Court,
“Chery” is hardly a more familiar name to European car buyers than “Omoda”, and clearly they didn’t think it had much export potential – being a little reminiscent of the Datsun/Nissan Cherry from a past motoring age, and properly pronounced more like “sherry”.