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The apparent Musk v Trump spat dominates the narrative around Tesla. The bigger story is Tesla v China. And Tesla is losing. Tesla has seen declining wholesale volumes out of its Shanghai factory - its single biggest EV plant in the world - for eight months straight. Its market share there - the latgest, most dynamic EV market in the world - has halved over the past several years. Tesla is often thought of as a catalyst for China’s EV revolution. But catalysts don’t get used up. Tesla is more like a reactant, getting burned up as the domestic EV makers it inspired take over. Read about it here at Bloomberg Opinion https://lnkd.in/eFmyb3FC

US Ambassador David Perdue sought to reassure American businesses in China that the countries will maintain their commercial ties, as tensions flare between the world’s largest economies over export controls.

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TALLAHASSEE, Fla. (AP) — A former Republican congressman and vocal critic of Donald Trump says he wants to become governor in the president’s adopted home state of Florida, and that he’s running as a Democrat.

China and India have approved the construction of the largest capacity of new coal-fired power plants in a decade, as the world’s two most populous nations seek to bolster energy security, according to the International Energy Agency.

Four Investing Tips, And A Warning India investors should stick to prudent asset allocation strategies, go long equities, buy short-term debt and prepare for lower returns all around as global trade uncertainties cast a shadow over domestic growth. That was the verdict from four top investment experts I spoke to at the launch of Bloomberg’s debut edition of Where to Invest 10 Lakh Rupees in Mumbai this week. The full story in this week's India Edition (free read) 👇 https://lnkd.in/dCWEFWDt

German manufacturing was in decline long before Trump took aim at the country’s auto and steel industries with high tariffs. Marilen Martin traveled to the port city of Duisburg, Germany’s industrial heartland, to understand the flagging economy’s effects on life and politics bloom.bg/3Hqc5gt

The son of private equity billionaire Leon Black has disclosed hundreds of millions of dollars of personal wealth as he awaits confirmation to lead an obscure federal agency.