Elon Musk hopes for 'zero-tariff situation' between US and EU
a day ago
- #Elon Musk
- #Trade Tariffs
- #Tesla Sales
- Elon Musk advocates for a zero-tariff situation between Europe and the United States to create a free-trade zone.
- Musk criticizes Peter Navarro, a Trump administration trade advisor, over his support for tariffs and academic background.
- Tesla sales have significantly declined in Europe and Italy, with a 49% drop in Europe and a 7% decrease in Italy.
- Italy's Economy Minister calls for a 'de-escalation' in trade tensions with the U.S., highlighting a trade surplus of 39 billion euros in 2024.
- Italy's economy grew by only 0.5% in 2024 compared to the previous year.