The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Chinese EV makers BYD, Geely, and SAIC contested EU's import duties at Court of Justice. Tesla excluded from tariffs, gaining only 7.8% tax.
Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting
The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission
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.
Thailand is bracing for an extended EV price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already struggling with tumbling sales,
Across Europe, Chinese carmakers held onto 8.2% of the EV market in December — a slight bump up from November but still below the average.
As the Lucid Gravity EV gets Supercharger access this week, CEO Peter Rawlinson (a former Tesla exec) gives us the rundown on the origins of the Model S and the future of EV charging.
Jato Dynamics reports that Europe’s new passenger car market grew by 0.9% in 2024, with 12,909,741 registrations.   Despite the slight
The other tidbit that seems to have investors very excited is Musk’s promise that the company’s Cybercab Robotaxi, which we saw at a preview event last year, will go into volume production and start a paid passenger-carrying service in Austin, Texas, in June 2025. No additional detail on the service, or the vehicle itself, was provided beyond that.
On the Tesla front, Musk said robotaxis with unsupervised Full Self Driving technology will begin picking up fares in Austin, Texas, beginning this June. “I’m confident we’ll release unsupervised FSD in California (this year), as well,” he said.