Elon Musk met with the country’s premier, a longtime Tesla ally, and secured regulatory nods and a necessary partnership with a Chinese tech company.
Tesla’s C.E.O. appears to have landed a deal that moves the company closer to bringing fully autonomous driving to a giant market. But Beijing is keen to exploit the visit for its own purposes.
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Analysts expect first-quarter results to show a decline in profits, fueling worries that competitors will grab a bigger slice of slowing electric car sales.
Paris is becoming a city of bikes. Across China, people are snapping up $5,000 electric cars. On Earth Day, a look at a few bright spots for emission reductions.
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.
He wants China to win the race to provide climate solutions and assume the global leadership that would come with it.
Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from Europe about trade and geopolitical tensions.
Elon Musk’s factory in China saved his company and made him ultrarich. Now, it may backfire.
Sales of the company’s electric cars dropped in the first three months of the year, even as other automakers sold more battery-powered vehicles.
The latest proposal comes from Luca de Meo, the C.E.O. of Renault Group, who is pushing for an Airbus-inspired alliance that would help European automakers fend off competition from cheaper Chinese-made electric vehicles.
Trump talked tough, but Biden is wielding a big stick.
Musk ayudó a crear la industria china de vehículos eléctricos. Pero ahora se enfrenta a desafíos allí, así como al escrutinio en Occidente por su dependencia al país.
Mr. Musk helped create China’s electric vehicle industry. But he is now facing challenges there as well as scrutiny in the West over his reliance on the country.
Tesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.
Mientras el precio de las acciones cae, los inversores se preguntan si la empresa, dirigida por Elon Musk, podrá resistir la intensificación de la competencia.
Federal prosecutors said the pair tried to sell technology to manufacture batteries for electric cars that belonged to the company.
As the share price plunges, investors wonder whether the company, led by Elon Musk, can withstand intensifying competition.
La economía china se beneficia del aumento de las ventas de productos manufacturados al exterior, que crea empleos. Pero el impacto podría sentirse en las fuerzas laborales de Europa y Asia.
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.