Environment & Energy Report

Tesla Facing Risk of Steeper China Taxes Adds to Musk’s Woes

April 4, 2018, 4:59 PM

Tesla Inc. needs to brace for another setback after China included electric cars among American products that it would hit with additional tariffs in a counter-punch to the U.S.

Other American auto imports also made the list of products China is threatening including SUVs, which could even impact BMW AG and Daimler AG. But Tesla is at particular risk. The Elon Musk-led carmaker relies on U.S.-built vehicles for all its Chinese sales, whereas U.S. carmakers General Motors Co. and Ford Motor Co. manufacture in China and import few vehicles into the world’s biggest market.

China’s announcement adds to a tough...

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