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Latest: Asia Transportation News

Musk Sells $6.9bn Tesla Shares on Risk of Forced Twitter Deal
Musk Sells $6.9bn Tesla Shares on Risk of Forced Twitter Deal

Elon Musk has confirmed selling $6.9 billion worth of shares in his car company, saying he is covering the risk that a US court forces him to takeover the social media platform.

Tesla Factory Upgrade Slashes Output of China-Made EVs
Tesla Factory Upgrade Slashes Output of China-Made EVs

The carmaker sold 28,217 Chinese-made vehicles in July – nearly two-thirds less than its sales in June – while its factory in Shanghai was being upgraded to boost its output

Tesla Signed Deal to Buy Nickel Worth $5bn, Indonesia Says
Tesla Signed Deal to Buy Nickel Worth $5bn, Indonesia Says

The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May

Baidu Gets China’s First Permits for Driverless Robotaxis
Qantas Execs Asked to Help Baggage Teams Amid Shortage – SCMP
SpaceX to Assess Space Debris Found in Australia – ABC
Seven Sanctioned Russian Ships Docked in India in July – FP
China Launches Reusable Rocket in Mystery Test – Space News
Toyota Suffers Shock 42% Profit Drop in June Quarter
China’s CATL Seen Sticking to US Plan Despite Pelosi Trip

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AF Transportation Insights

Asia Financial Insights
Transport sector insights, analysis, and guides from Asia Financial’s EV market, space and aviation journalists.
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Transportation:: The Big Picture

In Numbers: The Economic Impact of Shanghai’s Covid Lockdowns

Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.