ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Tesla wins break on 10% tax during Elon Musk's China trip

CEO tours upcoming factory and meets with transport minister

Tesla CEO Elon Musk made a two-day visit to China, which included speaking at the World Artificial Intelligence Conference in Shanghai, touring a plant under construction in Shanghai and meeting with the Chinese transport minister in Beijing.   © Reuters
YIFAN YU, Nikkei staff writer | China

PALO ALTO, U.S. -- All three Tesla models sold in China will be exempt from the 10% auto purchase tax, the government said Friday, a move that will partly offset tariffs on U.S. vehicles that will hit Tesla later this year.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close