Hold onto your charging cables, folks! 🔌 Before Canada announced a 100% duty on Chinese-made electric vehicles (EVs) this week, Tesla quietly asked Ottawa for a tariff break on its own cars produced in the Chinese mainland, according to a Reuters report. A Canadian government source revealed the behind-the-scenes request, sparking chatter about how global EV giants are navigating tricky trade waters. 🌊
While Canada’s new policy aims to address concerns about \"market competition,\" Tesla’s appeal highlights the balancing act companies face between production costs and geopolitical tensions. 🧩 Analysts say the move could impact Tesla’s pricing strategy in Canada, where EV adoption is rising fast. 📈
For young professionals eyeing the green-tech sector, this drama underscores how trade policies can shake up markets overnight. 🤔💼 Meanwhile, students and diaspora communities tracking Asia’s EV dominance are watching: China accounts for over 60% of global EV sales, per recent data. 🇨🇳⚡
Will Tesla’s lobbying pay off? Stay plugged in for updates! 🔋
Reference(s):
Tesla asked Canada for lower tariff on China-made EVs, Reuters says
cgtn.com