Tesla Trims Output of Cars in China Amid Slower EV Sales Growth

Tesla has reduced its car production in China due to slower growth in electric vehicle sales. Bank of America reports that US stocks have experienced significant outflows leading up to the Federal Reserve meeting. India's Shapoorji Group has enlisted the help of Houlihan Lokey to conduct a business review. The Central Bank of Russia has decided to hold interest rates steady as attacks by Ukraine increase inflation risks. China's yuan has weakened to a four-month low after breaching a key level.

Colombia's central bank plans to double the pace of interest rate cuts as inflation slows. The decline in small-cap stocks has affected Indian equity volumes amidst large block deals. Alibaba has sold American Depository Receipts (ADRs) in streaming site Bilibili for $357

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla Trims Car Output in China as EV Sales Growth Slows(Bloomberg) -- Tesla Inc. has reduced production at its plant in China, according to people familiar with the matter, amid sluggish growth in electric...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

China Coal Output Posts First Decline Since Beijing Ordered MoreChina’s output of thermal coal has fallen for the first time in years, adding to signs that Beijing’s long campaign to bolster energy security by digging more of the fuel may have reached its apex.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

China's Thermal Coal Output Falls for First Time in YearsChina's production of thermal coal has dropped, suggesting that the country's campaign to boost energy security may have reached its apex.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Canadian living in China allegedly stole Tesla secrets: U.S. prosecutorsA Canadian resident of China has been arrested in the United States for allegedly stealing electric car manufacturer Tesla's trade secrets.
Source: GlobalCalgary - 🏆 50. / 61 Read more »