Mercedes-Benz Group AG is joining a Geely lawsuit against European Union tariffs on electric cars imported from China, adding to a flurry of legal cases targeting the duties.
A community post on Elon Musk's tweet said: "This is objectively false. Subways have more than 10x the capacity of a road for cars. The average capacity of a single roadway is typically ~2,000 passengers per hour while the average capacity of a subway line is closer to 50,000 passengers per hour."
The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a wave of cheaper EVs.
Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.
Tesla has launched a legal challenge against the European Union over tariffs imposed on Chinese-made electric vehicles, according to court records. The American automaker lodged its complaint at the General Court,
The increasingly active role Elon Musk is playing in global politics is turning off many Tesla Inc. customers and creating an opening for Polestar, the rival EV maker’s chief executive officer said.
Tesla CEO Elon Musk has clashed with Nicolai Tangen, CEO of Norway's sovereign wealth fund, one of the automaker's top investors, according to a record of the conversation released on Tuesday.
He called Musk's endorsing Germany's AdD party "unacceptable" and "pure arrogance", but conceded he's done "incredible things with Tesla"
Elon Musk’s “pure arrogance” in interfering in politics is turning off Tesla buyers, the boss of rival electric car maker Polestar has claimed...
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.
Elon Musk's Tesla has joined forces with three leading Chinese automakers—BYD, SAIC, and Geely—in filing a lawsuit against the EU.
Tesla, alongside BMW and Chinese manufacturers, has filed a challenge against EU tariffs on China-made electric vehicles at the Court of Justice of the European Union. The move adds to tensions between Tesla's CEO,