News Snapshot:
Local competitors like BYD and Xiaomi have made major gains in the Chinese EV market while the country’s authorities have pulled back privileges granted to Tesla earlier. Musk’s fallout with Trump is also turning out to be bad for business read more US President Donald Trump and Tesla CEO Elon Musk speak to reporters as they sit in a red Model S Tesla vehicle on the South Lawn of the White House. File image/AP Tesla is facing a tough road in China, and CEO Elon Musk’s souring relationship with former President Donald Trump may be making matters worse. After years...