News Snapshot:
BEIJING, March 15 (Reuters) – Tesla Inc (TSLA.O) hiked prices in China and the United States on Tuesday for its second increase in less than a week, after founder Elon Musk said the U.S. maker of electric cars faced significant inflation pressure. The increases come as costs of raw materials surge, worsened by a crisis over Russia’s invasion of Ukraine, with Musk saying on Sunday that the carmaker and rocket company Space X faced pressure in areas such as raw materials and logistics. read more The company raised prices for all its models in the United States, its website showed....