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...The $16bn they identified highlights the scale of the group’s operations in the country as Congress seeks to force a sale of the platform to an American buyer....
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...But with TikTok at the centre of a geopolitical showdown between Washington and Beijing, his outlays ultimately came up short....
...But his political outlays were not enough to slow the TikTok bill, which sits at the centre of the battle between Washington and Beijing....
...New and more productive means of finance might very well be the fairy tale for worry at the exchequer. John Gorman Washington, DC, US...
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...Kyiv is in a fight to stem Russian advances despite the passage in Washington of a long-awaited bill for aid....
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...group battled increased competition, including from the recent arrival of Huawei in the car market....
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...“The House vote underscores the fading influence of China’s corporate champions in Washington,” said Craig Singleton, a China expert at the Foundation for Defense of Democracies....
...Tesla has already reported an 8 per cent fall in car sales in the first three months of the year compared with the same period in 2023....
...EVs are still more expensive to make than petrol cars, partly because of the high cost of minerals required for their batteries....
...Tesla has climbed out of bigger holes than this one in the past. But to do that it needs cheaper cars, not robotaxis. elaine.moore@ft.com...
...The Chinese embassy in Washington said the investigation took a “clearly discriminatory approach”, with the value of cars exported by the US to China three times the volume of Chinese exports to the US....
...Tesla still makes more than 80 per cent of its revenue from selling cars....
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...George Washington University Law School....
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