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.
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
BMW AG said its 2024 automaking profit margin will be at the lower end of guidance after sales of its premium cars fell.
Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of cases by Chinese carmakers attacking tariffs peaking at 45% on imports of electric vehicles (EVs) into the bloc.
EU promises 'action plan' to help the bloc's beleaguered auto sector, as it holds talks with industry leaders who have sounded the alarm over emissions fines and Chinese competition
Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
EU talks to relaunch Europe's embattled car industry are to get underway on Thursday, with automotive CEOs awaited in Brussels to discuss fines and competition from China.
The European Commission met on Thursday with representatives from the automotive sector in an effort to find political solutions for the ailing European car industry. "The European automotive industry is at a pivotal moment,
Trump has not yet executed the range of tariffs he had indicated, he maintains that they remain a possibility,