PARIS, May 23 (Reuters) -
Tesla founder Elon Musk told tech investors in
Paris on Thursday he opposed U.S. tariffs on Chinese electric
vehicles (EVs), an about-face from his January warning that
trade barriers were needed or China would "demolish most other
car companies in the world."
On Thursday, Musk said he did not favour measures that
distorted the market.
This month, U.S. President Joe Biden rolled out new tariffs
on an array of Chinese imports, including EVs, seeking to
support American manufacturing.
The Biden administration has maintained a number of tariffs
introduced by former President Donald Trump, while ratcheting up
others, including quadrupling EV duties to more than 100%. The
White House said the new measures affect $18 billion in imported
Chinese goods.
"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 at
the Viva Technology conference in Paris via video link.
"Tesla competes quite well in the market in China with no
tariffs and no deferential support. I'm in favour of no
tariffs," Musk said.
In January, Musk warned Chinese automakers would "demolish"
global competitors without trade barriers.
"If there are no trade barriers established, they will
pretty much demolish most other car companies in the world,"
Musk said in a post-earnings analyst call at the start of the
year.
Leading tech executives and political figures such as
ex-Google CEO Eric Schmidt and former U.S. climate
envoy John Kerry took to the stage this year at the annual
VivaTech conference.
Linda Yaccarino, the CEO of Musk-owned social media platform
X, is expected to participate in-person on Friday for a panel
discussion on the future of content.