Elon Musk showed new development — Metro future

ISS says Elon Musk’s Tesla pay packages is too high

Hours before Donald Trump signed orders imposing stiff new tariffs on imported steel and aluminium, Tesla CEO Elon Musk posted a series of tweets directed at the US President asking for "equal and fair rules for cars" when it comes to the US and China.

"I am against import duties in general, but the current rules make things very hard", Musk said in another post. "It's like competing in an Olympic race wearing lead shoes", Musk wrote.

And the British remade the Tesla in the fastest station wagon in the world.

The tweet followed Musk's initial message to Trump, where Musk asked Trump's opinion of the disparity between the United States and China's vehicle import policies.

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Tesla "raised this with the prior administration and nothing happened".

The firm also said the package would allow Musk to earn most of the award regardless of whether Tesla turns a sustainable profit, adding that "it is questionable whether an additional $2.6 billion grant is necessary or appropriate" to keep Musk focused on Tesla, given his current 22% stake in the company. Trump was discussing the tariff bill and its possible effects when he read a printed copy of Musk's tweet.

During the steel and aluminum tariff news conference, Trump used Musk's example of China's car-import levies to reiterate plans for what he has called a "reciprocal tax".

Politicians "have known it for years and never did anything about it". Whether it will include electric cars however, is still unclear, as is the president's plans on how to impose such radical tax program.

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Elizabeth Warren, who also appeared on the program, expressed concerns as well. "Now, maybe a freeze where they say, 'All right". And that is leaders of North Korea, for a very long time, the Kim family, has wanted to meet face-to-face with a US president.

Tesla Inc.'s Elon Musk just engaged in a little lobbying-by-tweet after months of battling Chinese government officials over terms to build a factory in the country. However, Tesla and Chinese authorities have yet to announce an agreement. A spokesman for Boring Co. didn't immediately respond to a request for comment.

The company sold $1 billion of electric cars in China in 2016, and today it accounts for about 9 percent of China's electric vehicle market. "To be clear, I think a fair outcome for all is quite likely".

Tesla shares closed down 1 percent on Thursday and were off almost another percent in after-market trading.

China requires overseas automakers to form joint ventures with local manufacturers in which the foreign companies are capped at 50 percent ownership.

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The tweets came one day after Trump wrote that his administration had asked Beijing to cut the annual USA trade deficit by $100 billion (though his tweet mistakenly listed the amount at $1 billion).

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