Tesla had already reportedly prepped for the idea in the event that Beijing invades Taiwan.
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Tesla denies report of considering selling China business, announces software update with Chinese LLM Doubao
Tesla China told the Global Times on Friday that media reports claiming that Tesla is considering selling its China business to pave the way for a potential SpaceX merger is fake news. Notably, on the…
China May Be Increasing Its Demand for Oil Imports
China cut its oil imports by a third and stopped exporting refined products from its refineries, instead using some of its enormous oil reserves. Its huge oil reserves have barely been tapped so far, …
Chipmaker CXMT’s 466% market debut surge makes it the most valuable China-listed company
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
How Big Is Tesla’s China Business, Anyway?
Some Tesla executives have been told to prepare for a separation of the automaker’s China business ahead of a potential merger with SpaceX, the Journal reports. The China business brought in $8.86 billion of sales…
After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?
Analysts said memory chips are China’s most realistic opportunity to narrow the semiconductor gap. Read more at straitstimes.com. Read more at straitstimes.com.
Fast-fashion retailer Shein’s 3-year IPO odyssey may have cost it the ‘golden time’ to go public
Investors are questioning whether Beijing’s blessing can carry a $40-billion-plus valuation for a clothing retailer whose growth engine is stalling.
China’s factory activity unexpectedly contracts in July as export rush fades
China’s factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound began to unwind.
Fast-fashion retailer Shein’s 3-year IPO odyssey cost it the ‘golden time’ to go public
Investors are questioning whether Beijing’s blessing can carry a $40-billion-plus valuation for a clothing retailer whose growth engine is stalling.
Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports
July 30 (Reuters) – Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX, the Wall Street Journal reported on Thursday, citing a …
Tesla weighs separating China business ahead of potential SpaceX merger: Report
Options reportedly include a spin-off, sale or closure of the China operations, which house Tesla’s largest factory and a key global export hub.
Tesla weighs China business split as Elon Musk eyes SpaceX merger: Report
Tesla is preparing contingency plans to separate its China business as Elon Musk explores a potential merger between the electric vehicle maker and his space company SpaceX, The Wall Street Journal re …
Tesla weighs sale of China business to pave way for potential SpaceX merger
The U.S. automaker could sell or spin off the business in its second-largest market over geopolitical concerns.
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