Tesla's promise to build a $25,000 car within the next three years does not seem to have fazed China's most-promising electric-vehicle startups, with executives at the Beijing auto show saying Elon Musk is welcome competition.
Tesla's promise to build a $25,000 car within the next three years does not seem to have fazed China's most-promising electric-vehicle startups, with executives at the Beijing auto show saying Elon Musk is welcome competition.
The moves are an adjustment for many automakers and suppliers that were concerned about the tariffs. Some say the tariff revisions fall short of protecting suppliers.