China Cools on Musk: ‘Two Cars for the Price of One Tesla’

Why did Japan post a massive trade surplus? What drove Tesla’s stock decline this week? Why are US stock futures flat before Fed decision? How did Nvidia’s GTC spark AI chip announcements? What triggered Google's $32B cybersecurity acquisition? Why are retail sales figures so confusing? How are tariffs affecting US import costs? Why did the S&P 500 drop amid uncertainty? Why are cryptocurrencies crashing today?

China Cools on Musk: ‘Two Cars for the Price of One Tesla’

nytimes.com/2025/03/13/business/tesla-china-sales-elon-musk.html

A Xiaomi SU7 ultra electric car. Chinese drivers that once flocked to Tesla are turning more and more to local brands that offer more efficient cars with better technology, sometimes at half the price.

This story appeared on nytimes.com, 2025-03-13 04:00:06.