Elon Musk Blasts Biden's EV Tariffs, Advocates for Free Market Competition
2024-05-24
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7:15
Tesla CEO Elon Musk has openly criticized President Biden's new 100% tariff on Chinese electric vehicles, advocating for a market without tariffs or incentives. Musk emphasized that neither he nor Tesla requested the tariffs and expressed surprise at their implementation. Despite Tesla's recent struggles and increasing competition from Chinese automakers, Musk insists on a free market approach, warning that without trade barriers, Chinese EV companies could dominate global markets.
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