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Friday, November 30, 2018

Nio, China rival to Tesla, says U.S. head to step down

The U.S. head of Nio Inc , an electric carmaker seen as one of the main Chinese rivals to Tesla Inc , will leave the company, the firm said in a filing on Friday, the first major management departure since its September IPO.


from Reuters: Business News https://ift.tt/2FNMFJb

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Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money. from BBC News https://ift.tt/upf7MHS