News Snapshot:
Tesla CEO Elon Musk praised Chinese automakers on Friday, calling them “the most competitive in the world” during a pre-recorded question-and-answer stream at the World New Energy Vehicle Congress held in China’s Hainan province. “I have great respect for the many Chinese automakers driving these (EV) technologies,” Musk said. In a three-minute appearance, Musk said Chinese carmakers are the best at software, which he said will “shape the future of the automobile industry.” Musk was highly complementary to the nation that is imperative to his electric vehicle company, and the comments come as Tesla tries to repair its reputation in...
