Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s mandatory back-to-office policy is facing hiccups as the automaker’s employees face accommodation and logistical challenges.
Tesla Inc (NASDAQ: TSLA) is re-evaluating the way it is selling electric cars in China and is considering winding down some showrooms located in flashy malls in cities like Beijing that witnessed a slump in traffic during pandemic restrictions, reported
Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.
A market sell-off on the heels of Consumer Price Index (CPI) inflation data Tuesday saw the broader U.S. markets post their worst day year-to-date in 2022.
Here’s a look at how the market collapse impacted the wealth of the richest people in the world.