With EV sales slumping, Elon Musk is touting FSD and robotaxis. High-margin BYD will unveil a more-efficient hybrid system.
The overseer of $242 billion in NYC pension funds says Elon Musk is treating Tesla like a family-owned business instead of the publicly traded company it is.
It’s a cute little four-door hatchback that’s three feet shorter than Tesla Model Y. With its bright yellow paint job, the Seagull looks a little like a Minion from the back, even if it looks a tad grumpy from the front. A 100% import penalty will be placed on EVs like the hot-selling BYD Seagull, or the GAC AION S, while select batteries and battery components will be hit with a 25% levy. The penalties effectively block Chinese companies from bringing their cars to America and prompt U.S. auto makers to invest in domestic EV component manufacturers.