Leo KoGuan’s $6.7 billion net worth: Check out the earnings of one of Singapore’s richest
From SHI International to Tesla, discover how the Singapore-based investor built his fortune and became one of the wealthiest figures in the tech world.
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Tesla stock takes a hit post-Q2 earnings: Mixed performance and uncertain future
Tesla’s stock plummeted over 12% following its Q2 earnings report, reflecting mixed results. Despite record revenues and high regulatory credits, the company's automotive gross margins fell to a five-year low.
Luhut to present Indonesia’s nickel investment opportunities to Elon Musk: A bid to boost EV Industry ties
Luhut’s pitch to Musk, a prominent advocate for sustainable energy and electric vehicles, highlights Indonesia’s commitment to developing its nickel industry while adhering to stringent environmental standards.
Tesla breaks ground on Shanghai Megapack factory
Tesla marks a milestone as it breaks ground on a Megapack factory in Shanghai. The move signals confidence in China's clean energy market and underscores Tesla's commitment to advancing sustainable energy solutions globally.
China’s evolving labour landscape: Beyond cheap labour to skilled workforce
China's evolving labour landscape sees increasing wages alongside a skilled workforce and advanced manufacturing processes, attracting global companies like Apple and Tesla.
Tesla’s global impact: Layoffs send ripples across India and China, fueling visa deadline dilemma
Tesla's recent layoffs have reverberated beyond American borders, casting a shadow of uncertainty over its Indian and Chinese employees.
Mexico surpasses China as U.S’s top trading partner following de-risking strategies
Mexico surpasses China as the United States' top trading partner, driven by "de-risking" strategies amid geopolitical tensions, leading to a manufacturing boom in Mexico.
Major players accused of using Xinjiang aluminum tied to forced labor
Major car manufacturers, including Tesla, General Motors, Volkswagen, and Toyota, are under fire after a Human Rights Watch report raised concerns about their potential use of aluminium produced with forced labour in China's Xinjiang region.
Panasonic pauses new battery plant plans, prioritizes productivity amidst declining electric vehicle demand
The backdrop of this decision lies in the signs of diminishing demand for EVs in the United States, leading various automakers, including General Motors and Ford, to scale back their production plans. Panasonic Energy currently operates a plant in Nevada and has initiated the construction of a second one in Kansas, while ruling out Oklahoma as a potential site.
Tesla entry spurs Mahindra’s call for fair play in India’s electric vehicle sector
India, with 4 million cars sold last year, witnessed only 82,000 electric vehicles on its roads. Despite the relatively small market share, the EV segment experienced a remarkable 115% sales growth compared to the previous year.
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