07:54 AM EDT, 03/12/2025 (MT Newswires) -- Toyota Motor ( TM ) is seeing potential risks to the agreement it signed with Tesla (TSLA) regarding the European Commission's carbon dioxide emissions targets, Bloomberg reported late Tuesday, citing an interview with Toyota Europe Chief Corporate Officer Matt Harrison.

With the Commission planning to ease its regulation on how much carbon dioxide each manufacturer's new car can emit, the Japanese automaker may need much less assistance in meeting the targets than expected back in January, the report said.

"We will have to analyze that in a little bit more depth," Bloomberg quoted Harrison as saying in the interview. "We're probably liable if we were to try to pull out of it. Equally, if Tesla don't get their required number of credits, which might happen as well, they're legally liable. There are probably risks on both sides."

Tesla did not immediately respond to MT Newswires' request for comment.

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