Tesla faces EU probe over China EV subsidies: FT▼

Business

Published 63d ago

<p>Tesla (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/TSLA?p=TSLA&.tsrc=fin-srch">TSLA</a>) shares are trending today, due to <a data-i13n="cpos:2;pos:1" href="https://www.ft.com/content/37e1e4cd-e527-43da-a177-b55e96ac995b">a report from the Financial Times </a>indicating that the company is under investigation by the EU to assess potential unfair subsidies in Chinese exports for electric vehicle manufacturers. The EU is focusing its attention on the electric vehicle market due to it being a popular export, with approximately one-fifth of all-electric vehicles sold in Europe originating from China.</p><p>For more expert insight and the latest market action, <a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/video/president-biden-heads-michigan-uaw-113107554.html">click here</a> to watch this full episode of Yahoo Finance Live.</p> Source