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Tesla’s China Game

Source: eurasia.ro eurasia.ro
News Snapshot:

It has not been a great spring for Tesla. As the American electric vehicle manufacturer’s stock led the recent market nosedive and its provocative CEO Elon Musk obsessed over his bid to buy Twitter, his beefs with the Biden administration and an allegation of misconduct by a private jet flight attendant, Tesla’s factory in Shanghai struggled to maintain production amid the city’s strict COVID lockdowns and cooling demand from a wary Chinese public. The tumble has been a sharp reversal, if likely only a temporary one, of the company’s fortunes in China. After taking the US electric vehicle market by…

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