Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News reported on Thursday, citing people familiar with the matter. It's not clear how many workers may be let go, or the specific reasons behind the layoffs, according to the report.
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US renews audit inspection of China firms - Bloomberg NewsU.S. audit officials have started a fresh round of inspections of about a dozen New York-listed Chinese firms including Tencent Music Entertainment Group, Didi Global Inc, and NetEase Inc, Bloomberg News reported on Thursday. The inspection, part of an agreement signed last year, comes amid rising tension
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CFTC investigators conclude crypto lender Celsius, ex-CEO broke rules- Bloomberg NewsCommodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the firm's implosion, Bloomberg News reported, citing people familiar with the matter.
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CFTC investigators conclude Celsius, ex-CEO broke rules - Bloomberg News:Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the firm's implosion, Bloomberg News reported on Wednesday. Attorneys in the regulator's enforcement unit determined that Celsius misled inves
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Musk predicts Tesla self-driving cars 'later this year'SHANGHAI: Electric car giant Tesla is set to realise fully autonomous vehicles 'later this year', CEO Elon Musk said on Thursday (Jul 6), in the billionaire's latest forecast for the long-anticipated mil
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US agency seeks updated responses from Tesla in Autopilot probeWASHINGTON : U.S. auto safety regulators said on Thursday they are seeking updated responses and current data in an ongoing probe into 830,000 Tesla vehicles and the automaker's advanced driver assistance system Autopilot.The National Highway Traffic Safety Administration sent Tesla a letter on July 3 see
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China adviser warns chipmaking export curbs are 'just a start', as Yellen visit loomsBEIJING/SHANGHAI: China's export controls on metals used in making semiconductors are 'just a start', an influential trade policy adviser said on Wednesday (Jul 5), as it ramps up a tech fight with the US d
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