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FT News Briefing

The target painted on Chinese EVs

Jun 14, 2024
11:26
Snipd AI
The podcast discusses the impact of EU tariffs on Chinese EVs, Keir Starmer's tax plans in the UK manifesto, and a scandal involving Toyota. It explores how Chinese EV makers are navigating tariffs, the implications for Toyota's chairman, and Japan's carmakers facing a testing scandal.
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Podcast summary created with Snipd AI

Quick takeaways

  • Chinese EV makers expected to withstand EU tariffs, Toyota faces safety scandal scrutiny.

Deep dives

Tesla Shareholders Approve Musk's Pay Package

Tesla shareholders recently re-approved Elon Musk's controversial $56 billion pay package during the company's annual meeting. Despite earlier legal challenges citing excessive compensation without broad shareholder support, the vote marked a significant victory for Musk. The relocation of Tesla's incorporation from Delaware to Texas also signals positive developments for the company.

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