Tesla and BMW take legal action against E.U. over EV tariffs

News Snapshot:

This story incorporates reporting from Electrek, Bloomberg on MSN.com and MSN. Tesla and BMW have initiated legal proceedings against the European Union in response to newly imposed tariffs on electric vehicles manufactured in China. The automakers are challenging the E.U.’s decision even though Tesla received the lowest tariff rates among automakers. The dispute highlights the complexities of global auto manufacturing and trade, as both Tesla and BMW have significant production operations within Europe. How Nike’s new CEO plans to revive the struggling sportswear giant Share How Nike’s new CEO plans to revive the struggling sportswear giant Tesla, which has manufacturing...