Elon Musk’s Tesla is set to make its shares more affordable for supporters after announcing a five-way stock split, the first in its history, on the back of a record year of growth for the electric car maker. The company said on Tuesday that the share split would be made …
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Text size Transversospinales / Dreamstime Let us assume that the Trump administration is advancing its threats to stop American companies from working with both ByteDance unit TikTok and Tencent Holdings-owned WeChat. What will the Chinese government do in response? Amber analyst Toni Sacconaghi has pondered that question. He owns both …
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Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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Chinese electric car maker XPeng, whose investors include internet heavyweight Alibaba Group and smartphone supplier of Beijing Xiaomi, submitted to go into the United States on Friday. The move comes after the June 30 Nasdaq listing of Li Auto, which raised $ 1.1 billion and whose shares have increased. They …
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