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Moving Tesla HQ to Texas is mostly posturing

Just to be clear, we will be continuing to expand our activities in California….This is not a matter of sort of Tesla leaving California. Elon Musk This I completely agree. It’s hard to just leave California with so many employees here and they have their lives rooted to California. Their kids have schools in California […]

Tesla sold record 56,006 China-made vehicles

U.S. electric vehicle (EV) maker Tesla Inc (TSLA.O) sold 56,006 China-made vehicles in September, the highest since it started production in Shanghai about two years ago, data from the China Passenger Car Association (CPCA) showed on Tuesday. The September sales included 3,853 that were exported, the data showed. Tesla, which is making Model 3 sedans […]

Food delivery giant, Meituan, fined

China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second major penalty this year in Beijing’s efforts to bring the country’s big internet companies to heel. The government’s campaign has been blessed by the highest levels of the Communist Party leadership. It has involved a wide cast of regulatory agencies […]


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