Musk, who placed a bet on Trump, attacks Biden again

‘Ban on Chinese Software for Autonomous Driving’ Regulation Sparks Backlash
Tesla Calls It “Unnecessary Regulatory Reporting System”,
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, ‘(Seoul = Yonhap News) Reporter Hwang Jung-woo = With the U.S. presidential election approaching, Elon Musk, CEO of Tesla, who is in close relations with Republican candidate and former President Donald Trump, has criticized the Biden administration’s attempt to block the import of cars using Chinese software.’,
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‘, Previously, in September, the U.S. Department of Commerce announced a regulation banning the import and sale of vehicles equipped with specific hardware or software linked to China or Russia, in vehicle connection systems (VCS) and autonomous driving systems (ADS).’,
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, ‘According to the British daily Telegraph on the 3rd (local time), Tesla criticized this move last week, calling it a “huge and ultimately unnecessary regulatory reporting system.”‘,
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, ‘Tesla argued that this would create an “unnecessary regulatory burden” on Western automakers already struggling against Chinese competition.’,
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, ‘Miriam Ecob, Tesla’s trade advisor, pointed out in a submission to the U.S. Department of Commerce that these regulations add unnecessary regulatory burdens on software designed by non-Americans.’,
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, ‘The regulation for software applies to models starting from the 2027 release and for hardware from the 2030 release or production as of January 2029.’,
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, ‘U.S. Commerce Secretary Gina Raimondo emphasized the necessity of this regulation to prevent foreign adversaries from controlling cars on U.S. roads.’,
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, ‘Musk had previously criticized the Biden administration’s tariff increase on Chinese imports, including electric vehicles, which began in phases at the end of September, stating, “I generally support free trade.”‘,
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, ‘There are analyses suggesting that the Biden administration’s policy to pressure the Chinese automotive industry could lead to retaliation against Tesla from the Chinese side. Tesla sold 600,000 units in China last year.’,
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, ‘Not only Tesla, but other automakers are also opposing the U.S. Department of Commerce’s regulation.’,
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, ‘Premium electric car brand Polestar under China’s Geely Group and British high-performance car manufacturer Lotus expressed concern over potential sales bans in the U.S.’,
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, ‘American automaker Ford criticized the regulation for being “overly broad and unnecessarily extensive,” pointing out that it might prohibit the sale of its vehicles produced overseas in the U.S.’,
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, ‘Europe’s largest automaker, Germany’s Volkswagen, demanded preferential status for automakers based in allied countries.’,
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, ‘ Elon Musk, CEO of Tesla, at a Trump support rally [AP Yonhap News Archive]‘,
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, ‘According to U.S. economic media outlets Quartz and Business Insider, Musk has indicated that rules concerning autonomous driving in the U.S. would be simplified if former President Trump wins this presidential election.’,
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, ‘In a recent investor call, Musk highlighted the need for “nationwide approval” for pursuing the autonomous driving business, stating, “If a government efficiency committee is created, I will make it happen.”‘,
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, ‘Previously, former President Trump promised to establish a government efficiency committee to oversee budget waste and eliminate unnecessary regulations if he wins the election, and to entrust it to Musk.’,
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, ‘There are projections that Tesla’s autonomous driving business could gain more momentum if the government efficiency committee is established.’,
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, ‘Several regulatory agencies in the U.S. initiated investigations into Tesla and Musk’s various companies for compliance with autonomous driving technology and stock market regulations during President Biden’s tenure.’,
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, ‘These investigations are considered one reason Musk has actively participated in the election campaign, donating millions of dollars to support Trump’s potential re-entry to the White House in the upcoming election.’,
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, ‘jungwoo@yna.co.kr’,
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