The latest drop came as an analyst lowered his price target for Tesla stocks to $800 from $1,150 over Covid-19 lockdowns in Shanghai and supply chain issues
Covid restrictions have forced Chinese producers of battery materials for EV makers to cut production by up to 40%, reducing demand for lithium
The paper reported that the Tesla chief executive said he had a goal of dying on Mars
The ''hegemony-obsessed US'' may use SpaceX's Starlink internet service to bring ''chaos or calamity'' to the world, says a recent commentary published by China Military Online.
Elon Musk has raised $7bn in new funding for his attempted $44bn buyout of the social media platform
The Tesla head is also trying to talk private equity funds to pitch in for the $44 billion acquisition and reduce his need for loans, the Journal said
Elon Musk, Tesla’s chief executive officer and the world’s richest man, acquired social media platform Twitter Inc for $44 billion...