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Tesla’s China shipments rise to record 100,000 in November : Electric car deliveries from Tesla Inc.’s factory in Shanghai rose to a record in November after ...
english.alarabiya.net/business/aviation-and-transport/2022/12/05/Tesla-s-China-shipments-rise-to-record-100-000-in-November-
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Tesla’s China shipments rise to record 100,000 in November : Electric car deliveries from Tesla Inc.’s factory in Shanghai rose to a record in November after ...
english.alarabiya.net/business/aviation-and-transport/2022/12/05/Tesla-s-China-shipments-rise-to-record-100-000-in-November-
Tesla Cuts Prices Again. It’s a Sign of Weakening Demand.: All versions of the Tesla Model Y, S, and X in the U.S. now $2,000 cheaper.
barrons.com/articles/tesla-cuts-prices-electric-vehicles-8210ae10
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China warns Antony Blinken US must choose between ‘co-operation or confrontation’
ft.com/content/ef9d2f6f-3ef6-4249-af0c-649583e0ee43
Quick Glance: China Emphasizes Stronger Collaboration with US Amid Challenges
- China stresses the importance of enhanced cooperation with the United States despite facing significant obstacles.
- Xi emphasized to the US Secretary of State on Friday that the two superpowers 'should be partners rather than rivals' and should support each other's success, as reported by the state news agency Xinhua.
- During the five and a half hours of discussions, Blinken raised the issue of 'Chinese support to the Russian defence industrial base', and contentious topics such as Taiwan and the South China Sea were also addressed.
- Recent years have seen tumultuous China-US relations, exacerbated by factors including a trade war, a visit by then-House of Representatives Speaker Nancy Pelosi to Taiwan in 2022, and a dispute over the US downing of a suspected Chinese surveillance balloon last year.
China is backing away from facial recognition technology — at least in hotels: Chinese officials have told hotels in Beijing and other cities to stop scanning ...
qz.com/china-stop-facial-recognition-technology-hotels-privacy-1851437900
Quick Glance: China Ends Facial Scans at Hotels
- Authorities in China are instructing hotels to cease conducting facial recognition scans on guests during check-in, as reported by state media.
- This directive is being implemented in various cities to reduce the use of facial scans and avoid potential issues.
- Experts caution that facial recognition may deter people from traveling and increase costs for businesses, with a risk of data misuse.
- An IT professional highlights technical challenges that China may face due to the extensive number of hotels, surveillance cameras, and databases, potentially leading to system overload.
Feds Investigate Tesla's Autopilot Safety Fix, Citing Crash Concerns: US transportation authorities are looking into whether Tesla's Autopilot changes rolled out ...
pcmag.com/news/feds-investigate-tesla-autopilot-safety-fix-citing-crash-concerns
Quick Glance: Investigation of Tesla's Autopilot Recall Effectiveness
- The National Highway Traffic Safety Administration is investigating Tesla's Autopilot recall after 20 more crashes occurred post-recall.
- The recall involved over 2 million vehicles and utilized an online software update to enhance driver warnings.
- Concerns were raised regarding the recall's efficacy as crashes persisted after the fix.
- The investigation aims to determine why post-recall issues were not addressed and whether they pose a safety risk.
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reuters.com/business/autos-transportation/teslas-plan-affordable-cars-takes-page-detroit-rivals-2024-04-26/
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
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Anaheim police unveil new Tesla patrol cars: The electric vehicles are expected to have lower operating costs and be easier to come by than the traditional model ...
ocregister.com/2024/04/16/anaheim-police-unveil-new-tesla-patrol-cars/
Quick Glance: Anaheim Police Introduce New Tesla Patrol Vehicles
- Anaheim police will soon start using electric Tesla Model Ys as patrol vehicles in a pilot program to keep more officers on the road.
- The Police Department has 83 patrol vehicles that are aging and breaking down more often. The need is critical as the patrol fleet is depleted, leading to insufficient vehicles for proper officer deployment.
- The six purchased Model Ys will be put in service after 16 officers are trained to use them. The electric vehicles will be charged at police stations with level-two chargers and refueled with Tesla Superchargers during 24-hour shifts.
- The Teslas are expected to be cheaper to operate but have a higher initial cost. The department plans to evaluate the performance of electric vehicles during the pilot program to determine potential future purchases.
Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Tesla cuts Full Self Driving cost by 1/3 ahead of earnings call: With the Model 2 cancelled, FSD is more important to Tesla than ever.
arstechnica.com/cars/2024/04/tesla-cuts-the-price-of-full-self-driving-option-from-12000-to-8000/
Insight: Why BYD's EV exports sell for twice the China price: U.S. and European politicians have raised alarms that their domestic auto industries could be ...
reuters.com/business/autos-transportation/why-byds-ev-exports-sell-twice-china-price-2024-04-26/
Ford profit beats on commercial sales; EVs still dragging: Ford Motor Co posted first-quarter earnings on Wednesday that beat Wall Street's expectations ...
reuters.com/world/us/fords-first-quarter-adjusted-profit-falls-2024-04-24/
Firebrand ex-Arm China CEO founds RISC-V processor startup: Allen Wu, former CEO of Arm China, founds RISC-V technology startup, set to rival Arm.
tomshardware.com/pc-components/cpus/firebrand-ex-arm-china-ceo-founds-risc-v-processor-startup
Tesla slashes prices amid slumping sales: Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces ...
thehill.com/business/4610375-tesla-slashes-prices-amid-slumping-sales/
The Axis of Upheaval: How America’s Adversaries Are Uniting to Overturn the Global Order
foreignaffairs.com/china/axis-upheaval-russia-iran-north-korea-taylor-fontaine
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Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
Tesla cuts Model Y, X and S prices in the US and says it's ending the referral program
engadget.com/tesla-cuts-model-y-x-and-s-prices-in-the-us-and-says-its-ending-the-referral-program-172311662.html
Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
Three Reasons Why Tesla Stock Is Rallying After Q1 Earnings. Elon Musk Issues Criteria For Investors.
investors.com/news/tesla-stock-three-reasons-why-its-rallying-after-earnings/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
F1 Drivers Surprised by China Track That's Been 'Repainted, Not Resurfaced'
thedrive.com/news/f1-drivers-surprised-by-china-track-thats-been-repainted-not-resurfaced
BHP's proposed bid for Anglo American is a big bet on copper: BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a ...
reuters.com/markets/commodities/bhps-proposed-bid-anglo-american-is-big-bet-copper-2024-04-25/
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
China’s search for an answer to ChatGPT is just beginning: At depressed valuations, SenseTime offers a low-risk bet on a potential winner
ft.com/content/16bf83d1-0c51-456f-b283-8c7fe085ec68
Quick Glance: SenseTime Stock Surges 36% Post Latest AI Model Launch
- SenseTime's stock surged 36% after unveiling the latest SenseNova generative AI model.
- The company introduced SenseNova 5.0 at a Tech Day event in Shanghai, showcasing significant enhancements in linguistic and creative capabilities.
- SenseTime is part of the Chinese companies developing alternative AI platforms to compete with US counterparts.
- The launch of SenseNova 5.0 and SenseTime's efforts to boost growth amid intense competition and geopolitical tensions were emphasized.
Focus: China's BYD seeks to redefine luxury for the EV generation: Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show ...
reuters.com/business/autos-transportation/chinas-byd-seeks-redefine-luxury-ev-generation-2024-04-24/
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Rescuers race to reach those trapped by floods in China's Guangdong: Floods swamped cities in southern China's densely populated Pearl River Delta following ...
reuters.com/world/china/rescuers-race-reach-those-trapped-by-floods-chinas-guangdong-2024-04-22/
China's Country Garden extends bonds to avoid first local default, Bloomberg News reports
reuters.com/markets/rates-bonds/chinas-country-garden-extends-bonds-avoid-first-local-default-bloomberg-news-2024-04-24/
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Tesla cuts prices after massive Cybertruck recall: The Model Y is currently sitting at the cheapest price it's ever been.
mashable.com/article/tesla-drop-prices-for-several-cars-excluding-cybertruck
Tesla cuts US prices of Models Y, X, S by $2,000: Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each on Friday ...
reuters.com/business/autos-transportation/tesla-cuts-us-prices-models-y-x-s-by-2000-2024-04-20/
Quick Glance: Tesla responds to declining sales with global price reductions
- Tesla has lowered prices in various key markets, including China and Germany, to address the declining sales and increasing price competition for electric vehicles.
- The recent price reductions come in light of a decrease in Tesla's global vehicle deliveries in the first quarter, marking the first time in nearly four years.
- The starting price of the revamped Model 3 in China was reduced by 14,000 yuan to 231,900 yuan. Similarly, in Germany, the price of the rear-wheel-drive Model 3 was decreased from 42,990 euros to 40,990 euros.
- In addition to the mentioned price cuts, there were reductions in many other countries across Europe, the Middle East, and Africa. Prices for the Model Y, Model X, and Model S vehicles in the US were decreased by $2,000. Moreover, Tesla slashed the price of its Full Self-Driving Software in the US from $12,000 to $8,000.
Tesla cuts the price of its "Full Self Driving" system by a third: Tesla knocked about a third off the price of its “Full Self Driving” system — which can’t ...
apnews.com/article/tesla-full-self-driving-system-price-cuts-ecb9fd9367dabe26a71a9dbfd72c37ff
Chinese flying taxi sector claims global lead thanks to regulatory support: Shanghai’s AutoFlight wins approval for unmanned aircraft in nascent market forecast ...
ft.com/content/c181d6ab-e560-427c-9254-9cadb62889b5
Formula 1: Zhou Guanyu bursts into tears after Shanghai race!: What emotional scenes! After the Chinese driver crosses the finish line, tears stream down his ...
rtl.de/cms/formel-1-zhou-guanyu-bricht-nach-shanghai-rennen-in-traenen-aus-5084601.html
Electric car slump: Tesla announces 400 job cuts in Grünheide: The planned global job cuts at Tesla will also affect the US electric car manufacturer's only ...
spiegel.de/wirtschaft/tesla-kuendigt-abbau-von-400-stellen-in-gruenheide-an-a-39de0723-4562-4f8a-a08b-92d56416a351
Verstappen adds China to his list of victories: Triple world champion Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday with ...
reuters.com/sports/formula1/verstappen-adds-china-his-list-victories-2024-04-21/
China AI Gold Rush Sees Retail Traders Hunting for Obscure Winners: Hunt is on for potential homegrown winners – however obscure – as China builds out an ...
bloomberg.com/news/articles/2024-04-19/china-ai-gold-rush-sees-retail-traders-hunting-for-obscure-winners
American Coleman believes Bolt's 100m record could fall soon: American sprinter Christian Coleman believes that Usain Bolt's 100-metres record of 9 ...
reuters.com/sports/athletics/american-coleman-believes-bolts-100m-record-could-fall-soon-2024-04-26/
Verstappen wins Chinese GP sprint race: Red Bull's triple world champion Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand ...
reuters.com/sports/formula1/verstappen-wins-chinese-gp-sprint-race-2024-04-20/
Quick Glance: Chinese Grand Prix: Drama for Verstappen's Victory March?
- The Chinese Grand Prix could bring drama to Formula 1, and Red Bull's Max Verstappen isn't a guaranteed winner.
- The track is unknown and coated with thin asphalt, causing uncertain driving conditions.
- McLaren's Lando Norris secured the pole for the sprint race after a rainy qualifying session that challenged drivers.
- Practices revealed unusual names at the top, hinting at an entertaining race ahead.
China's technological development has run out of steam: Nina Xiang is managing director at TH Capital, an investment advisory and asset management firm ...
asia.nikkei.com/Opinion/China-s-technological-development-has-run-out-of-steam
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US business group says policy ‘inconsistency’ hurting China investment: AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to ...
ft.com/content/849d5186-f955-43e5-90a5-e0968118fcce
The Morning After: House votes in favor of bill that could ban TikTok: The biggest news stories this morning: The best Mario Kart racer, according to science ...
engadget.com/the-morning-after-house-votes-in-favor-of-bill-that-could-ban-tiktok-111547495.html
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...
cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
- Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.
- The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.
- The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.
- The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
Watch: China launches manned spaceship to Tiangong space station for six months : China on Thursday (Apr 25) launched a manned spaceship into space from the ...
wionews.com/world/watch-china-launches-manned-spaceship-to-tiangong-space-station-for-six-months-714965
Elon Musk Teases 'More Affordable Models' to Bump Tesla's Falling Stock
thedrive.com/news/elon-musk-teases-more-affordable-models-to-bump-teslas-falling-stock
Ricciardo blasts Stroll after Chinese GP collision: Daniel Ricciardo accused Lance Stroll of not looking where he was going after the Aston Martin driver said an ...
reuters.com/sports/formula1/ricciardo-blasts-stroll-after-chinese-gp-collision-2024-04-21/
Tesla stock price hits 52-week low after another round of price cuts: "Tesla prices must change frequently in order to match production with demand ...
markets.businessinsider.com/news/stocks/tesla-stock-vehicle-model-y-price-cuts-tsla-elon-musk-2024-4
Bloomberg: Blinken to warn Beijing over support for Russia in upcoming trip to China
kyivindependent.com/bloomberg-blinken-to-warn-beijing-over-support-for-russia-in-upcoming-trip-to-china/
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
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Hamilton says he had forgotten what it's like to lead: Seven-times Formula One world champion Lewis Hamilton said he had forgotten what it feels like to lead a ...
reuters.com/sports/formula1/hamilton-says-he-had-forgotten-what-its-like-lead-2024-04-20/
Aston Martin's Stroll fastest in Chinese Grand Prix practice: Aston Martin's Lance Stroll lapped fastest in Friday's sole free practice session for the Formula ...
reuters.com/sports/formula1/aston-martins-stroll-fastest-chinese-grand-prix-practice-2024-04-19/
China’s big cities are sinking: Groundwater extraction and heavy skyscrapers are key factors in an accelerating trend
english.elpais.com/science-tech/2024-04-19/chinas-big-cities-are-sinking.html
Tesla Model Y vs. Fisker Ocean Electric SUV Comparison: A Flashy Threat to Tesla’s Dominance
motortrend.com/reviews/2023-tesla-model-y-vs-fisker-ocean-electric-suv-comparison-review/
Elon Musk Says This Is 'Blindingly Obvious.' Cathie Wood Keeps Buying.: Elon Musk took to X claiming it makes sense to focus on autonomous driving ...
investors.com/news/tesla-stock-elon-musk-blindingly-obvious-to-focus-on-autonomy-cathie-wood-keeps-buying/
Has Germany’s far-right AfD become a gateway for Chinese and Russian spies?: The arrest this week of an aide to the far-right Alternative for Germany (AfD)'s ...
france24.com/en/europe/20240426-has-germany-s-far-right-afd-become-a-gateway-for-chinese-and-russian-spies
Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...
reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/
‘Six spellbinding and thought-provoking novels’: why we chose the Women’s prize for fiction shortlist
theguardian.com/books/2024/apr/24/womens-prize-for-fiction-shortlist-why-we-chose-monica-ali
China state fund pours $41 bln into stock market in Q1, reports show: Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion ...
reuters.com/world/china/china-state-fund-pours-41-bln-into-stock-market-q1-reports-show-2024-04-22/
Inside the Swedish ammunition plant at the forefront of Europe’s push to ramp up shell production
kyivindependent.com/inside-the-swedish-ammunition-plant-at-the-forefront-of-europes-push-to-ramp-up-shell-production/
If your coffee is arabica, it may be more than a half million years old: The coffee that picked you up this morning is 600,000 years old. Researchers have found ...
apnews.com/article/coffee-arabica-robusta-history-yemen-ethiopia-548e73286fa188d249c44697af4548ff
Quick Glance: Coffee Origins Revealed: Genome Study Uncovers Ethiopian Roots
- Researchers unlocked the genome of Arabica coffee species, tracing its origins to a natural mating over 600,000 years ago in Ethiopia.
- The study revealed Arabica's low genetic diversity and susceptibility to pests and diseases, limiting its cultivation locations.
- The findings could lead to new breeding approaches in coffee to develop varieties with enhanced resistance to diseases and climate changes.
- Arabica formed as a natural hybridization between parent species Coffea canephora and Coffea eugenioides, mainly used for global coffee production.
Tesla Model Y (2024): all information, prices and tests: The Tesla Model Y is the SUV brother of the Model 3 and no less than the best-selling car in the world ...
autobild.de/marken-modelle/tesla/model-y/
Norris takes China sprint race pole from Hamilton: McLaren's Lando Norris seized pole position for the Chinese Grand Prix sprint race on Friday after a wet and ...
reuters.com/sports/formula1/norris-takes-china-sprint-race-pole-hamilton-2024-04-19/
Germany’s Leader, Olaf Scholz, Walks a Fine Line in China: Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from ...
nytimes.com/2024/04/16/world/asia/olaf-scholz-germany-china.html
Quick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
Is it too late to invest in the gold rush?: Demand from China drove prices to a record high this month — now many suspect the normal rules no longer apply
ft.com/content/69d46a93-916c-4044-a3c4-f1b5bad2e412
Etsy entrepreneur exposes Tesla shortcomings to new owners taking delivery: Quality control is so bad at Elon Musk's automaker that new Tesla owners are taking ...
thestreet.com/electric-vehicles/an-etsy-entrepreneur-is-exposing-teslas-shortcomings-to-new-owners-taking-delivery
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
Russian President Vladimir Putin to visit China in May as Moscow seeks to bolster ties with Beijing
scmp.com/news/world/russia-central-asia/article/3260396/russias-vladimir-putin-says-plans-visit-china-may
Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens: The community canteens, offering huge plates for a dollar or two, have become popular ...
nytimes.com/2024/04/23/business/shanghai-tongxinhui-community-canteen.html
China relied on extrajudicial means to force thousands of fugitives to repatriate, human rights activists say - ICIJ
icij.org/investigations/china-cables/china-relied-on-extrajudicial-means-to-force-thousands-of-fugitives-to-repatriate-human-rights-activists-say/
Quick Glance: China's Illegal Tactics for Repatriating Fugitives
- Over the past decade, China has forcibly repatriated more than 12,000 fugitives to combat corruption, according to a human rights group report.
- Under Xi Jinping's government, China heavily relied on extrajudicial methods like kidnappings, harassment, and intimidation to 'persuade' and coerce Chinese nationals in over 120 countries to return.
- 'Fox Hunt' and 'Sky Net' operations aim at repressing Chinese nationals abroad, including activists, journalists, and religious minorities.
- The Chinese government uses persuasion methods to compel suspects to return, bypassing host countries' legal systems, leading to international resistance.
China Vanke says it faces short-term liquidity pressure: State-backed China Vanke said it is facing short-term liquidity pressure and operational difficulty ...
reuters.com/business/china-vanke-says-it-faces-short-term-liquidity-pressure-2024-04-15/
Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market
scmp.com/business/china-business/article/3259873/teslas-closest-chinese-rival-li-auto-slashes-prices-ev-discount-war-spreads-premium-market
Shanghai creates $18bn state investment giant to back startups
asia.nikkei.com/Spotlight/Caixin/Shanghai-creates-18bn-state-investment-giant-to-back-startups
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Exclusive: UBS shuts some China private funds, will lay off staff, sources say: UBS is shutting down some of its China private funds business and will lay off ...
reuters.com/business/finance/ubs-shuts-some-china-private-funds-will-lay-off-staff-sources-say-2024-04-18/
Red Bull won't rush to announce 2025 driver lineup, Horner says: Red Bull is not in a rush to announce its driver line-up for 2025, team boss Christian Horner ...
reuters.com/sports/formula1/red-bull-wont-rush-announce-2025-driver-lineup-horner-says-2024-04-19/
U.S. Is Preparing To Sanction Chinese Banks Supporting Russia, Report Says: U.S. officials have expressed concerns that trade between China and Russia has ...
forbes.com/sites/siladityaray/2024/04/23/us-is-preparing-to-sanction-chinese-banks-supporting-russia-report-says/
Iran able to 'handle situation' and spare Middle East more tension, China's foreign minister says
reuters.com/world/middle-east/iran-able-handle-situation-spare-middle-east-more-tension-chinas-foreign-2024-04-16/
Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem
cnbc.com/2024/04/16/tesla-layoffs-send-shares-down-on-concerns-about-weakening-demand.html
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