Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday criticized the Biden administration’s recent hike in tariffs on EV imports from China, terming it a distortion of the market.
What Happened: "Neither Tesla nor I asked for these tariffs, in fact I was surprised when they were announced. Things that inhibit freedom of exchange or distort the market are not good," Musk said in his virtual address at Viva Technology in Paris, as quoted by The Guardian.
This marks a one-eighty from Musk’s previous take on trade barriers against China. During Tesla's fourth-quarter earnings call in January, the CEO said about Chinese ...