Ann: Results of Annual General Meeting, page-17

Tesla says it needs graphite from China for batteries, requests tariff waiver
PUBLISHED THU, DEC 2 20213:49 PM ESTUPDATED AN HOUR AGO
Kif Leswing@KIFLESWING

Lora Kolodny@LORAKOLODNY
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KEY POINTS

• Tariffs levied during the Trump administration’s trade war with China are contributing to automotive price increases -- especially since temporary exclusions to some of those tariffs were allowed to expire in late 2020 or early this year.
• Tesla and SK Innovation both requested a waiver on tariffs for graphite, which is used in the anode component of lithium-ion batteries in electric cars.
• The outpouring of industry pleas could spur the Biden administration to reinstate government exclusions on 25% tariffs on artificial graphite imported from China, as well as other materials and components.

In this article

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Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019.
Aly Song | Reuters
Tesla is among the hundreds of auto industry players asking the U.S. Trade Representative for extended tariff waivers on parts and materials imported from China used to make or repair cars.