"Presently, the EU imposes import taxes of about 10% on cars entering from the United States. This additional tax, which comes on top of the VAT that car buyers

"Presently, the EU imposes import taxes of about 10% on cars entering from the United States. This additional tax, which comes on top of the VAT that car buyers have to pay when purchasing a vehicle, has become an unnecessary handicap for companies like Tesla, whose cars become more expensive compared to local offerings."