Tesla CEO's Influence on EV Industry

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Tesla sales

VOA

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EV industry watching Musk's role in tariff fixing

Summary

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72% Informative

Tesla boss Elon Musk played a key role in the election of Republican President-elect Donald Trump .

The electric vehicle industry is closely watching to see how Musk will use his influence with the incoming president to steer the industry's future.

At stake are several issues including the new administration's approach to tariffs on Chinese EVs and tax credits.

Musk opposed U.S. tariffs on China -made EVs last May .

Tesla 's FSD might not face regulatory challenges in Europe , but it may be difficult for it to find enough customers in the face of local competition.

One of the questions that is often asked is whether China would retaliate by imposing higher tariffs on American goods, including Tesla .

"Killing competition is not viewed as healthy for the forward development of the Chinese automakers," Russo said.

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formal

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English

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