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After the Chinese authorities introduced a response tariffs for the import of goods from the United States, including electric vehicles, the American manufacturer of electric vehicles Tesla dramatically increased the prices of its cars in China, MarketWatch writes with reference to the Electrek website. Over the weekend, the Model S sedan and the Model X crossover went up in China by 22 thousand 600 dollars - 37 thousand 600 dollars, depending on the equipment. China imposed duties in response to a last week's US statement on the entry into force of import duties on Chinese goods totaling $34 billion a year. During the trades on Monday, the price of Tesla shares went up by 1 dollar.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
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