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Tesla’s China-made EV sales rose 2.4% in May from April – CPCA

Tesla’s China-made EV sales rose 2.4% in May from April – CPCA

Jun 5, 2023 | Asia, Business, Technology, US

By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, a 2.4% jump from April, data from the China Passenger Car Association (CPCA) showed on Monday. On a yearly basis, sales rose 142%...
Chinese warship passed in ‘unsafe manner’ near US destroyer in Taiwan Strait, military officials say

Chinese warship passed in ‘unsafe manner’ near US destroyer in Taiwan Strait, military officials say

Jun 4, 2023 | Asia, Canada, Politics, Top News, US

WASHINGTON (Reuters) – A Chinese warship came within 150 yards (137 meters) of a U.S. destroyer in the Taiwan Strait in “an unsafe manner,” U.S. military officials said, as China blamed the United States for “deliberately provoking risk”...
Oil up over 2% after US debt deal and jobs data; focus turns to OPEC+

Oil up over 2% after US debt deal and jobs data; focus turns to OPEC+

Jun 2, 2023 | Asia, Business, Economy

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt ceiling deal that averted a government default in the world’s biggest oil consumer and jobs data fueled hopes for a possible pause in Federal Reserve...
High-flying C3.ai shares slump as sobering forecast dampens AI hype

High-flying C3.ai shares slump as sobering forecast dampens AI hype

Jun 1, 2023 | Asia, Business, Economy, Technology, US

By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast dented some of the recent euphoria around artificial intelligence-linked stocks. Most other AI-related small-cap stocks also...
Elon Musk’s whirlwind China trip included talks with vice premier

Elon Musk’s whirlwind China trip included talks with vice premier

Jun 1, 2023 | Asia, Business, Economy, Politics, Top News, US

SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in which he met senior Chinese government officials including the highest-ranking vice premier. Photos and a video of Musk’s visit late...
China was top market for Tesla Model Y, world’s best-selling car in Q1

China was top market for Tesla Model Y, world’s best-selling car in Q1

May 30, 2023 | Asia, Business, Europe, Technology, US

By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – China was the biggest market for Tesla’s Model Y electric sport utility vehicles, helping it become the world’s top selling vehicle in the first quarter of this year, according to data from...
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