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Tesla loses fraud case in China in reverse in key market

October 1, 2021
Source: motorworld.app motorworld.app
News Snapshot:
(Bloomberg) – A Chinese power force effectively sued Tesla Inc. for fraud in the acquisition of a used Model S, which added to a series of setbacks for Elon Musk’s electric car pioneer in one of his peak markets. Most read from Bloomberg Wall Street Titans Warn of Next Dangers for Investors The country that prepares breakfast for the world is plagued by fires, frosts and droughts The Impossible to Resist the Lure of Road Expansion HSBC bets on China as tension rises in London How Los Angeles the city of dingbats A Beijing court found that Tesla distorted the...
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Tags: acquisition | America | army | bank | Beijing | California | car | China | Chinese | currency | electric vehicle | expansion | fraud | HSBC | London | Microsoft | military | New York | Renminbi | Sanctions | Shanghai | social media | Tencent | Tesla | United States

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