The United States allegedly rejected Tesla's request to lift customs duties on model 3 parts made in China.



[ad_1]

Elon Musk, co-founder and CEO of Tesla Motors Inc.

Yuriko Nakao | Bloomberg | Getty Images

The US Trade Representative's office reportedly rejected Tesla's electric car manufacturer's claims to lift customs duties on the central screen made in China and the car's computer on its model.

The bureau had previously refused a request for a waiver for the "brain" of the Tesla autopilot in May. The automaker is seeking exemptions from the 25% tariffs imposed by the Trump administration on some imports from China.

Tesla shares fell about 1% immediately after the release of the report, before bouncing back to trading at a rise of about 1.5% for the day.

Tesla said it expects to produce and deliver between 90,000 and 100,000 vehicles during this quarter. The builder builds a factory in China for its model 3.

Requests for comments addressed to the US Trade Representative's Office and Tesla were not immediately returned.

Reuters contributed to this report.

[ad_2]

Source link