Elon Musk says new tariffs on Chinese EVs are 'not good'

The Biden Administration's recent decision to impose new tariffs on Chinese goods impacted many sectors, particularly the electric vehicle sector. Tesla (TSLA) CEO Elon Musk expressed his disapproval of the new legislation - which raised tariffs on Chinese electric vehicles from 25% to 100% - despite his previous support for Chinese tariffs.
In a statement, Musk said, "Things that inhibit freedom of exchange or distort the market are not good."
#youtube #China #elonmusk
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[@LaBambaCL]

0:53 Jan 2024, Musk argued for tariffs, now he says the opposite, hah

[@TheMagicJIZZ]

No he didn't He joked that's what the big 3 needed as a joke because of the quality of byd and nio He did not say he wanted them. learn how to read, he literally just said that's the only way America could survive but not referring to Tesla

[@Kingromstar]

lol, he is such a shill. He is beyond ecstatic but he acting like it is the "wrong" thing. He probably lobbied for it.

[@super_hero2]

He said that to make china lower their guard so they don't put tariff on his company. He probably smiling behind all this

[@user-yy9hk9od9u]

Not good for him.

[@kiklocus4660]

exactly the craze for evs go down if there are tariffs

[@TheMagicJIZZ]

He actually benefits. He doesn't China Tesla's to USA just Europe

[@tonyv596]

Musk asked for tariffs a few months ago....now he says it's not good?

[@kevinlin4895]

To be clear, he didn't ask for tariffs explicitly. He made a comment about the competitiveness of Chinese EVs and how they are very good, and that without tariffs they would pretty much destroy "most" automakers.. The keyword there is "most". media has been trying to infer from his statement that this included Tesla and therefore he was advocating for tariffs. But I believe he wasn't, and only referring to legacy auto

[@ashk4155]

I hate when they say cheap Chinese ev’s. They make them sound low in quality when it’s the complete opposite. Nio is blowing Mercedes Audi bmw and Porsche out of the water with their high end offerings. Nio will be the biggest car maker in the world

[@jeremiahlee6335]

The self destruct feature in china EVs is particularly atttactive. How’s going comrade?

[@mauricedegroff5669]

I totally agree with you. It’s like water on a cardboard roof. The water will find a way in for sure.

[@raypoon991]

And most of US EVs (Chevy and Ford) feel cheaper than the Chinese EVs

[@ahpong]

He fired his best employees and re-hired them the next day. What can you expect?

[@TheMagicJIZZ]

Apple did that with project titan? Fired and rehired for a new position is normal

[@invisiblesun6595]

CEO's seem to be having a crisis due to these wage hikes and increased interest rates. Remember, McDo's declared they'd pass the costs down to customers. And now here they are not even a month later rolling out $5 dollar value meals😂

[@josealvarez9517]

Dude has been taking his investors for a ride.

[@ojogbaneamedu2501]

Most of the “Chinese” EVs selling in Europe are Teslas. The Chinese brands aren’t so big in europe yet.

[@thomasrogers9146]

THE COLD WAR IS OVER AMERICA ITS TIME TO MOVE ON. THIS CENTURY IS ABOUT ECONOMICS NOT IDEOLOGY.

[@brunoheggli2888]

Sure Elon has to say that!Always kissing the CCPs ass!Good good boy Elon!

[@807800]

You should think a little bit, heck it's even mentioned in the video above, that even Stelantis also didn't agree with this tariff, since this would trigger a similar response on the global scale that would target US companies.

[@kwisatz-haderach8]

When losers can't compete, you impose tariffs. Geeks

[@lofu32]

What’s wrong with cheap products, America been pushing that the longest time with the made in China and free market

[@fedorbutochnikow5312]

In a case of a war, China would switch off your EV remotely. Keep that in mind, and no replacement parts nor software updates would be available.

[@tooltalk]

he also opposes all subsidies, exept for his own.

[@invisiblesun6595]

Shouldn't be a problem for China, right? I mean they have been dumping US treasuries so this should be small potatoes for the big bad CCP🤣

[@StewieGriffin]

trying to get chinese investors

[@jeremiahlee6335]

Just impose safety tests. The self immolation feature of the Chinese EVs will stop their importation.

[@ashk4155]

lol most Chinese ev’s have better safety standards then American and European. Your more likely to kill yourself driving with teslas fsd

[@xRoid1]

Ratioed

[@torelloBank]

damn troll

[@invisiblesun6595]

Exactly. China's set to self destruct. They've been throwing their weight around in Asia and don't think their neighbors aren't getting sick of it. Their only friend in the region is NK.