The once-booming electric vehicle market has been hit hard and Nomura Holdings says the country’s hardline Covid policy has put...
About 8,000 Tesla employees returned to work at the US company's Shanghai giga-factory on April 19, the Miami-based EV news website said
The once-booming electric vehicle market has been hit hard and Nomura Holdings says the country's hardline Covid policy has put the economy on the brink of recession.
The SolarCity case was brought after Tesla shareholders accused Musk of coercing the board into buying the struggling solar panel maker to rescue his investment
China EV makers Nio, Great Wall and Hozon are among manufacturers based outside of Shanghai that are being hammered by shortages of parts.
Musk said he has lined up $46.5 billion in debt and equity financing to buy Twitter and was considering taking his offer directly to shareholders.
Higher prices help insulate the company from supply chain chaos and rising costs, with the results likely to trigger $23 billion in new payouts to chief executive Elon Musk
Shanghai's Covid curbs may prevent Tesla from getting the parts it needs to sustain production, says the Jiangxi New Energy Technology Institute
Covid-19 related suspension of Tesla's Shanghai factory, costs of ramping up new factories in Berlin and Texas and rising supply chain costs weigh on Tesla first-quarter earnings
Analysts say Tesla may soon realise that building a mine or processing facility from scratch is not as easy as it sounds and the automaker should instead consider a buyout
EV giant has reportedly resumed production of its Model 3 and Model Y models in the city after a three-week long halt caused by Covid lockdowns