Numerous Chinese tech stocks were on the rise, Monday, as reports surfaced regarding Shanghai easing Covid-19 restrictions in the city. ( read original story ...)
Why Tesla Stock Got Dented Today
Tesla remains "dominant" in EVs, reports TheFly.com today, retaining a 20% market share, but competition is heating up and the company lost market share to new rivals in ... ( read original story ...)
Tesla Giga Shanghai remains on one closed-loop shift, ramp up delayed to next week
Tesla has officially delayed Gigafactory Shanghai’s ramp-up back to pre-shutdown production capacity as it remains on one closed-loop shift for at least another week. This delay will likely result in ... ( read original story ...)
Shanghai plans Covid lockdown exit in June as China economy slumps
The announcement was met with scepticism by some Shanghai residents, who have faced shifting schedules for the lifting of restrictions ... ( read original story ...)
Shanghai targets return to normal life starting June 1
SHANGHAI/BEIJING — Shanghai set out plans on Monday for the ... Economic activity has probably been improving somewhat in May, analysts say, and the government and central bank are expected to deploy ... ( read original story ...)
China: Shanghai likely to reopen on June 1 with Covid-19 spread curbed
Shanghai, which has logged hundreds of thousands of cases ... Xi Jinping on the need to preserve jobs and shore up growth was splashed across China's main financial newspapers on Monday, signaling ... ( read original story ...)
Shanghai begins to emerge from brutal lockdown
The Chinese financial hub of Shanghai plans to lift its strict coronavirus lockdown next month and has begun to reopen shops. The city’s 25 million residents been living under a strict curfew and ... ( read original story ...)