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US President Donald Trump and Tesla (TSLA.US) CEO Elon Musk have been engaged in a war of words, but when asked about it during a recent interview with Politico, Trump responded that it's okay, and that it's going very well, never done better.White House aides are now working hard to persuade Trump not to escalate the si...
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According to preliminary statistics released by the China Passenger Car Association, China's passenger vehicle (PV) market retailed 1.93 million vehicles in May, up 13% YoY or 10% MoM. In 1-5M25, the cumulative retail sales in the PV market grew by 9% YoY to 8.802 million vehicles.In terms of new energy vehicles (NEVs), a to...
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A clash between U.S. President Donald Trump and Tesla (TSLA.US) CEO Elon Musk over a spending bill prompted a 14% plunge in Tesla's stock price on Thursday, wiping out US$152 billion in Tesla's market cap in a single day. This marked the largest single-day decline in Tesla's history, with its market cap busting below...
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The clash between U.S. President Donald Trump and Tesla (TSLA.US) founder Elon Musk on social media is escalating, with Trump recently hinting at possibly terminating his government's contracts. Musk immediately retaliated on social media platform X that SpaceX's manned spacecraft Dragon will begin retirement immediately...
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While the market weighed the implications of the US and Chinese leaders' phone call and anticipated further trade negotiations, tensions between US President Donald Trump and Tesla (TSLA.US) founder Elon Musk led to a plunge in Tesla's stock, weakening US stocks on Thursday. The DJIA concluded down 108 points or 0.3%, at...
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