Elon’s Cybertruck Ride Around Austin, Rivian’s 48% Weekly Rally, Nikola’s Shareholder Snub And More: Biggest EV Stories Of The Week
The electric vehicle space saw some buoyancy in the week ending on July 7 despite the weakness seen…
Mixed Jobs Data; Fed Governors Want More Interest Rate Hikes; US, China Spat Rattles Semiconductor Sector: The Week In The Markets
The June jobs report released Friday showcased mixed data on the economy. The unemployment rate dropped from 3.7%…
Elon Musk’s Tesla Laying Off Employees At Shanghai Battery Plant Amidst Price War: Report
In a recent development, Tesla Inc. (NASDAQ:TSLA) has begun laying off some of its battery production workers at…
Tesla Pledges To Maintain ‘Core Socialist Values’ In China With Local EV Rivals As Beijing Frowns Upon ‘Reckless’ Price Cuts
Tesla, Inc. (NASDAQ:TSLA) achieved record-breaking second-quarter deliveries in China on the back of price cuts and promotional efforts…
China’s Restrictions On Semiconductor Metals, Biden’s Cloud Computing Ban: Which Companies Are In The Line Of Fire?
The soft war going on between the U.S. and China took new steps this week as both countries…
Tesla China Q2 Sales Hit New High As Giga Shanghai-Made Cars Account For 53% Of Global Deliveries
Tesla, Inc. (NASAQ: TSLA)’s China sales rose sharply in June, explaining the strength seen in the global deliveries…
China Restricts Exports Of Semiconductor Metals In Latest Front Escalation Of Battle With US Over AI Tech
In what is seen as a significant countermove to the U.S. and others’ restrictions on high-end chips and…
Bitcoin’s Worst Nightmare? Crypto Skeptic To Lead China’s Central Bank
Pan Gongsheng, a well-known critic of Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) and other cryptocurrencies, has been appointed as the leading official of the People's Bank of China (PBOC) by the Commu
Tesla Charging Dominance Grows, Lucid’s Lucrative Aston Martin Deal, Lordstown Succumbs And More: Biggest EV Stories Of The Week
The TSLA) rebounded from the previous week, as traders began pricing in a solid second-quarter deliveries report. Here…
Nvidia Shares Drop On Worries Over China Export Ban: Why Are Analysts Still Bullish?
Shares of NVIDIA Corp. (NASDAQ:NVDA) fell more than 1% on Thursday, as investors sought clarity over the potential…