Description
Added on the 09/01/2021 12:08:02 - Copyright : Wochit
Images of Tesla chief executive Elon Musk taking his private jet to leave for Shanghai after the Beijing visit during which he has met multiple Chinese government officials. IMAGES
Beijing, Feb 2 (EFE/EPA).- Short-video platform Kuaishou Technology intends to offer 365.2 million shares for its Hong Kong Public Offering and raise up to $5.42 billion USD, according to media report. It will be Hong Kong’s biggest initial public offering in more than a year. (Camera: WU HONG).B-ROLL OF KAUISHOU'S BILLBOARDS AND HEADQUARTERS IN BEIJING, CHINA.
On Monday, Tesla's stock hit a record high. The increase comes amid a report from Reuters that Tesla gained approval from China to sell its Model Y SUV in the country. Tesla has built up its manufacturing capabilities in Shanghai to produce the Model Y SUV. The company already sells its Model 3 in the country. Business Insider reports the company sold 13,000 vehicles in the country last month.
Tesla’s issues with faulty production and inconsistent quality extend outside the U.S. market: As first reported by Bloomberg, the automaker is set to recall close to 30,000 of its imported Model S and Model X cars from China, citing problems surrounding the vehicle’s suspension systems. Per a statement from China’s State Administration for Market Regulation—a relatively new and broadly empowered agency with functions similar to the SEC, CFTC, FDA, and USPTO in the United States—Tesla’s Beijing branch issued recalls for 29,193 Model X or Model S cars made between September 17th, 2013 and January 15th, 2018. The vehicles built during that roughly four-and-a-half year window may have rolled off the factory line with major suspension defects.
Rival Hong Kong lawmakers clashed inside the city's legislature on Friday, raising political tensions weeks after Beijing sparked a constitutional row by calling for filibustering opposition politicians to be removed from office. IMAGES
|
Support : Technical 
- Content 
- Editors 
