Written by Cryptopolitan
Written by Cryptopolitan
China sends warning to BYD and its rivals amid heightened price warsChinese authorities summoned executives from the country’s major electric vehicle (EV) manufacturers, including industry leader BYD Co., to a closed-door meeting in Beijing this week, according to people familiar with the matter, cited by Bloomberg.
Chinese authorities summoned executives from the country’s major electric vehicle (EV) manufacturers, including industry leader BYD Co., to a closed-door meeting in Beijing this week, according to people familiar with the matter, cited by Bloomberg.
Elon Musk just watched $27 billion vanish from his net worth after his public clash with President Donald Trump blew up into a full-on political war.
The US Treasury Department has told the Bank of Japan to keep hiking interest rates, saying it’s the only way to stop the yen from staying weak and to fix the trade imbalance between both countries.
Shares of Tesla sank 14% on Thursday, after President Donald Trump told reporters he was considering canceling federal contracts tied to Elon Musk’s companies.
Donald Trump says his connection with Xi Jinping should be enough to solve the US-China trade mess. But Xi hasn’t been taking his calls. For weeks, Trump tried reaching him and got nothing back.