Commentary Elon Musk is no communist, but he may end up having contributed more to its global success than anyone since Karl Marx. By making the Tesla the status symbol of our times, and now apparently about to offer an affordable version for the common man and woman, he has helped clear the way for…
The Electric Car Is the Trojan Horse of Global Communism
April 17, 2023
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Tesla’s Dependency on China ‘Very Concerning’: US House Committee Chair
April 12, 2023
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Business & MarketsChinaChina Business & EconomyCompaniesNational SecurityRep. Mike Gallagherteslatesla chinaUSUS NewsUS-China relations
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Tesla’s announcement to build a megapack factory in Shanghai has prompted questions about the American electric carmaker’s dependency on China, and a U.S. representative finds it “very concerning.” “Tesla seems entirely dependent, A, on the largesse of the federal government via tax breaks, and B, upon access to the Chinese market,” Rep. Mike Gallagher (R-Wis.)…
Tesla to Build Shanghai Factory to Make Megapack Batteries
SHANGHAI—Tesla Inc. is opening a factory in Shanghai, capable of producing ten thousand Megapack energy product per year, to supplement output of Megapack factory in California, the company said in a tweet on Sunday. The news was first reported by the Chinese state media outlet Xinhua. Elon Musk’s automaker will break ground on the plant…
LIVE NOW: NTD Business (April 10): Tesla to Build Battery Factory in China; Market Betting on Fed Rate Cuts: Strategist
We’ll get the anticipated CPI inflation report this week. What are some of the biggest questions the market is hoping it will answer? We speak to a veteran investor. The EPA is expected to propose new rules on stricter vehicle emission standards. What would it mean for the auto industry? Electric vehicle maker Tesla is expanding…
NTD Business (April 10): Tesla to Build Battery Factory in China; Market Betting on Fed Rate Cuts: Strategist
We’ll get the anticipated CPI inflation report this week. What are some of the biggest questions the market is hoping it will answer? We speak to a veteran investor. The EPA is expected to propose new rules on stricter vehicle emission standards. What would it mean for the auto industry? Electric vehicle maker Tesla is expanding…
US Probes Crash Involving Tesla That Hit Student Leaving Bus
DETROIT—U.S. road safety regulators have sent a team to investigate a crash involving a Tesla that may have been operating on a partially automated driving system when it struck a student who had just exited a school bus. The National Highway Traffic Safety Administration (NHTSA) Friday that it will probe the March 15 crash in…
US Greenlighting Chip Production While Diverging From China: Expert
As the chip wars heat up, China and the United States are working on diverging, according to author, journalist, and media entrepreneur Rebecca Fannin. “I think we’re seeing this decoupling of China going its way and the Western world going another way. … It’s going to continue to escalate from both [sides],” Fannin recently told “China…
Tesla Recalls 422 US Vehicles Over Suspension Part
WASHINGTON—Tesla is recalling just over 400 Model 3 vehicles in the United States because front suspension lateral link fasteners may loosen. Tesla will tighten or replace the lateral link fasteners to address the issue that could allow the lateral link to separate from the sub-frame on the recalled 2018 and 2019 model year vehicles. The…
Tesla Cuts US Prices for 5th Time Since January
Tesla cut prices in the United States between 2 percent and nearly 6 percent, its website showed on Thursday, as the company extends a discount drive on its electric vehicles that analysts caution could hurt profitability. The fifth such cut in Tesla’s largest market since the start of the year comes as the United States…
GM Passes Ford to Take No. 2 Spot in EV Sales Behind Tesla
DETROIT—General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race. But GM’s EV sales of 20,670 were still far below those of industry leader Tesla, which delivered more than 161,000 vehicles in the United States from January to March,…
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