Chinese EV Giant BYD Expects Nearly 90% Jump in 2023 Net Profit China's BYD has projected strong growth in net profit for 2023 due to record sales of new energy vehicles, Chinese electric vehicle portal cnevpost reported...
BMW's New 5/i5 Series: China Launch BMW introduced the new 5 Series sedan and the battery-electric i5 to the Chinese market on January 25, 2024. Unlike a typical launch event for a large business sedan, there were no business suits and speech rehearsals...
Elon Musk's Twitter Deal Faces Backlash from Long-Term Tesla Investor Tesla CEO Elon Musk looks at a file photo during a visit to the site of the Auschwitz-Birkenau concentration camp in Oswiecim, Poland, on April 22. Musk was criticized in November 2023 for posting anti-Semitic comments on social media.
Tesla Expects Significant Slowdown in Sales in 2024 Tesla released its Q4 2023 earnings and said it expects significantly lower growth in its automotive business in 2024...
The World's Wealthiest Female CEO A new study shows that women CEOs are the highest paid in the UK.
Elon Musk Pushes for Bigger Tesla Stake to Grow AI, Robotics Ventures Currently holds 13% of all Tesla shares "Influential, but not enough" Tesla CEO Elon Musk says he's not comfortable building Tesla into a leader in artificial intelligence (AI) and robotics without securing at least 25% of the voting power.
Warren Buffett's Top 3 Super Stocks for January: Apple, OXY, and MasterCardThe Motley Fool recommends three Warren Buffett super stocks for January: Apple, Occidental Petroleum, and MasterCard.
Ex-Samsung Researcher Accused of Leaking Secrets to China, Over 200 Workers MigrateFormer Samsung Electronics researcher faces arrest for allegedly leaking semiconductor tech to Chinese company, ongoing investigation.
China Remains the World's Biggest Trader for the 7th Year in a RowChina maintains its status as the world's top goods trading nation in 2023, with a 0.2% increase to 41.76 trillion yuan.
Tesla's German Factory Shuts Down Amid Red Sea Crisis, Parts ShortageTesla's German factory suspends operations for two weeks due to Red Sea conflict-caused parts shortage, raising supply chain concerns.
China's Ambitious Starlink Plan: Launching 26,000 Satellites in 10 YearsChina is planning to launch more than 26,000 low-Earth orbit (LEO) communication satellites to create its version of Starlink.
China's Market Share in the U.S. Shrinks Amidst New Cold War RealitiesChina may lose its top spot in U.S. imports as relations worsen, but its car exports are thriving, especially in Russia.
Can AI and Climate Action Spark a Super-Cycle? Goldman Sachs Thinks SoGoldman Sachs foresees a global economic supercycle driven by AI and decarbonization, with historical comparisons and challenges.
China's Rise in Chip Manufacturing Threatens South Korea's Semiconductor ReignSouth Korea's semiconductor production to rise 5.4%, ranking third globally; China to claim top spot with 13% increase.
Americans Pile on Debt as Chinese Pinch Pennies: Why Americans Borrowing, Chinese BudgetingU.S. sees record credit balances surge amid economic recovery hopes, while China focuses on low-cost brand consumption.
Chinese Companies Dominate LiDAR Patents and Market Share WorldwideChina dominates LiDAR patents and market share for autonomous vehicles, outpacing the US, Europe, and Japan in advancements.
U.S.-China Trade Dispute Fades as Chinese Tech Firms Shine at CES 2024Chinese companies return to CES 2024, aiming to analyze and consult on innovative technologies and services, despite previous challenges.
Elon Musk Expresses Anger Towards Comparing Tesla to China's BYD A model of the first generation Optimus is displayed at a Tesla store in Yeouido, Yeongdeungpo-gu, Seoul, South Korea, December 19, 2023...
Disappointing 2023 for GM's EVs, Share Slips to 3.1% Q4GM's Q4 2023 electric vehicle (EV) sales in the U.S. make up just 3.1% of total sales, falling short of expectations.
China's Rising Semiconductor Industry Puts Pressure on Korea Amid US RestrictionsChina's growing semiconductor self-sufficiency challenges U.S. sanctions, causing concerns for South Korean companies dependent on the market.
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