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Tesla, BMW sue EU

EU faces legal action from Tesla, BMW over tariffs on Chinese-made EVs

Tesla, owned by Elon Musk, is taking the European Union (EU) to court over its tariffs on electric vehicles imported from China. Filed last Wednesday with the European Court of Justice (ECJ) by Tesla’s Shanghai division, the lawsuit comes in the wake of similar legal moves by BMW and other Chinese car manufacturers.

Hosted on MSN · 2d

Tesla joins court challenges to EU tariffs on Chinese EVs

Tesla has joined BMW and Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles, according to a filing on the court's website on Monday.

Bloomberg on MSN · 2d

Tesla, BMW sue EU after China-made EVs hit by tariffs

The EU imposed anti-subsidy tariffs of 7.8% on Tesla on top of the 10% levy. BMW’s imports were hit with a 20.7% duty. The firm was hit because its electric Mini Cooper and the 100% electric Mini Aceman are made in China, according to car website Autogear.

Tesla's CFO says tariffs would ‘have an impact' on company's profitability

Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential ...

19h

UBS foresees more tariff threats and asset volatility ahead

Tariff risks to Europe and China may be underappreciated at the moment, with the possibility that the latter could see its effective rate rise to 30% from roughly 11%, according to UBS. “We anticipate ...

Trump’s Tariffs And EV Policies Have Carmakers And Consumers On Edge

President Trump's import tariffs, and moves to dampen electric vehicle sales and production has the auto industry in a state ...

Tesla, BMW sue EU after China EVs hit by tariffs

Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of ...

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