Business Maverick: Musk Lauds Chinese Carmakers as Telsa Moves to Repair Image

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 84%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Elon Musk praised Chinese automakers as “the most competitive in the world” at an online forum Friday, where the Tesla Inc. chief also touched upon data security and the nation’s “great potential” as a market for electric vehicles.

Tesla is also facing fiercer competition in China from local EV startups including Xpeng Inc., Li Auto Inc. and Nio Inc.

Tesla last month temporarily halted some operations at its Shanghai factory as the global shortage of semiconductors hit the electric-car maker, Bloomberg News. Part of a production line at the China plant was halted for about four days in August because of a lack of key chips. “Tesla will work with national authorities in all countries to ensure data security of intelligence and connected vehicles,” he said. “With the rapid growth of autonomous driving technologies, data security of vehicles is drawing more public concern than ever before.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sure because there is no R&D , the Chinese replicate everyone else’s ideas ! NO Innovation , Just Replication

Electric Engineering will dominate the future of Efficient, cost effective transport

Learning from Jack, don't rock the boat

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Rich Nations Head to South Africa Seeking Coal Exit DealFour of the world’s richest nations will send a delegation to South Africa as soon as next week to seek a deal to begin closing the country’s coal-fired plants, according to people familiar with the matter. They better come with deep pockets cause SA only have ears for expensive cars and houses in Dubai Good luck. Hope they understand the nature of the hyena they are trying to hold rational discussions with. Corruption tenders loading... But after 14 years they're still not even really open yet🤦‍♂️ eskom is a travesty
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: U.S. retail sales surprise to upside in strong boost to economyU.S. retail sales unexpectedly increased in August, likely boosted by back-to-school shopping and child tax credit payments from the government, which could temper expectations for a sharp slowdown in economic growth in the third quarter. I wish I contacted earlier Linda__Stouffe this year I'm sharing this to encourage every beginner and Bitcoin lover to get in touch with her she is very legit and God fearing person Linda__Stouffe
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: IMF Chief Risks Undermined Authority After China-Linked ProbeKristalina Georgieva risks seeing her authority as head of the International Monetary Fund undermined just weeks before an annual meeting of global finance chiefs, after being accused of influencing a report in China’s favor when she worked at the World Bank. IMF The same people that now own half the world via covid relief loans...
Source: dailymaverick - 🏆 3. / 84 Read more »