Tesla chief executive asks Trump for 'fair outcome' on China trade

WASHINGTON, March 8 (Reuters) - Tesla Inc Chief Executive Elon Musk took to Twitter on Thursday to call on U.S. President Donald Trump to challenge Chinese auto trade rules.

In a series of tweets aimed at the president, Musk said he was "against import duties in general, but the current rules make things very difficult. Its like competing in an Olympic race wearing lead shoes."

Tesla "raised this with the prior administration and nothing happened. Just want a fair outcome, ideally where tariffs/rules are equally moderate. Nothing more. Hope this does not seem unreasonable," Musk wrote.

Tesla has sought to build a factory in China, and last November Musk said he hoped the plant would be operating within three years. However, Tesla and Chinese authorities have yet to announce an agreement.

In a tweet, Musk said no "US auto company is allowed to own even 50% of their own factory in China, but there are five 100% China-owned EV auto companies in the US."

China, the worlds largest auto market, has required foreign automakers to build factories in 50-50 joint ventures with domestic Chinese automakers and not allowed them to establish wholly owned factories.

The White House did not immediately respond to a request for comment.

Trump told Reuters in an interview in January that we have helped to build China because they have taken out so much money in terms of trade deficits with this country.

He added that when China or another country charges us 50 percent tariffs more than that in some cases and we charge them nothing, thats not fair. Thats not fair.

China levies a 25 percent duty on sales of imported vehicles. Those are problems for Tesla, which wants to expand its presence in Chinas growing electric vehicle market without compromising its independence or intellectual property.

China said last year it would gradually reduce its auto import tariffs.

Musk noted that a U.S. car "going to China pays 25% import duty, but a Chinese car coming to the US only pays 2.5%, a tenfold difference."

He asked Trump: "Do you think the US & China should have equal & fair rules for cars? Meaning, same import duties, ownership constraints & other factors."

Musk has met with Trump on several occasions since his election in November 2016. In June 2017, Musk withdrew from a pair of White House advisory councils after Trump said he would withdraw from the Paris climate accord. (Reporting by David Shepardson; Editing by Dan Grebler)