c/europe · by CAVOK@lemmy.world · 2y

Tesla expects to raise price of Model 3 in EU as bloc preps import duties on cars made in China

https://www.marketwatch.com/story/tesla-expects-to-raise-price-of-model-3-in-eu-because-of-import-duties-to-be-levied-on-cars-made-in-china-ec7ba6c8

The EU is planning to impose new tariffs on Chinese EVs starting in July

25 points · 6 comments · view on lemmy.world

6 Comments

Car@lemmy.dbzer0.com · 7 pts · 2y (2 replies)

How’s it inventory stacking up over there? In the US they’re sitting on a lot of cars

gkpy@feddit.de · 2 pts · 2y (1 reply)

here as well

yuri@pawb.social · 4 pts · 2y

Good thing the price is going up, lest they accidentally improve sales.

polle@feddit.de · 6 pts · 2y (1 reply)

Upping the price, because the chinese ones got artificial more expensive by taxes? Lol.

eRac@lemmings.world · 2 pts · 2y

That's what usually happens with tarrifs. Unless there's a ton of other competition, domestic producers just increase their prices by the same amount.

gigachad@sh.itjust.works · 5 pts · 2y

Oh no! Anyway...