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US President Trump recently imposed a 145% tariff on Chinese goods, which include electric vehicle (EV) components.
That’s partly because of increased competition in China, Europe, and North America. But it’s also due to CEO Elon ... tariff decision is entirely up to the president of the United States ...
Chinese electric car maker BYD’s doubled its profits to $1.3 billion in the first quarter as it continues to surge past its key rival, Elon Musk ... US due to massive tariffs on Chinese-made EVs.
Tesla CEO Elon Musk said he will push for lower tariffs as he steps back from his role in the Trump administration during Tesla's earnings call.
Elon Musk tried ... "Now tariffs are still tough on a company when margins are still low. But we do have localized supply chains in both America, Europe, and China. So that puts us in a stronger ...
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