💨 Abstract
The U.S. Department of Defense has added Contemporary Amperex Technology Co Ltd (CATL), a Chinese battery maker and major supplier to Tesla, to a list of companies tied to China's military. This designation, while not imposing immediate restrictions, could affect Tesla's business and reputation, as CATL supplies batteries to Tesla's Shanghai factory and is involved in a licensing agreement for battery production in Nevada.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
India's benchmark indexes set for muted start
Greenland important for the US, says Trump's pick for national security adviser
Philippines' Black Nazarene procession draws hundreds of thousands of devotees
New wildfire breaks out in LA's Hollywood Hills, fire chief says
Apple clarifies Siri privacy stance after $95 million class action settlement
Taiwan, China trade barbs over undersea cable damage
Israeli military tightens media rules over war crimes prosecution concern
Britain plans new sanctions laws to target people-smuggling gangs
Rising Treasury yields caps global stocks; traders weigh tariffs, Fed rate cuts
Los Angeles wildfire economic loss estimates top $50 billion
Powered by MessengerX.io