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Analysis-Tesla's China footprint complicates path to possible SpaceX merger

Analysis-Tesla's China footprint complicates path to possible SpaceX merger

Aug 4 (Reuters) - Tesla's electric vehicle business in China looms as a key hurdle to a potential merger between Elon Musk's automaker and SpaceX because of complications it could pose for the space firm's business with the U.S. government.
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Tesla's European Sales Show Mixed Results Amidst Market Recovery

Tesla's European Sales Show Mixed Results Amidst Market Recovery

Tesla's European Sales Show Mixed Results Amidst Market Recovery
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Chinese EV Maker BYD Surpasses Tesla in Global Sales Amid U.S. Market Barriers

Chinese EV Maker BYD Surpasses Tesla in Global Sales Amid U.S. Market Barriers

Chinese electric vehicle (EV) manufacturer BYD has overtaken Tesla as the world's leading seller of fully electric vehicles. Despite limited access to the U.S. market, BYD's success is attributed to China's long-term investments in innovation and technology. The company's rise highlights the effectiveness of China's strategic focus on the EV sector, which has enabled it to capture significant market share globally. Protective tariffs in the U.S. have restricted Chinese EVs' entry, potentially impacting American automakers' competitiveness in the long run.
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Elon Musk Denies Tesla's Potential Sale of Chinese Business Amid Merger Speculation

Elon Musk Denies Tesla's Potential Sale of Chinese Business Amid Merger Speculation

Elon Musk Denies Tesla's Potential Sale of Chinese Business Amid Merger Speculation
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Elon Musk Denies Rumors of Tesla Selling Chinese Business for SpaceX Merger

Elon Musk Denies Rumors of Tesla Selling Chinese Business for SpaceX Merger

Elon Musk Denies Rumors of Tesla Selling Chinese Business for SpaceX Merger
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China's WeRide enters Denmark, extending European footprint

China's WeRide enters Denmark, extending European footprint

BEIJING, August 3 (Reuters) - Chinese autonomous driving technology company WeRide said on Monday it would enter Denmark through a partnership with Danish electric mobility operator GreenMobility, extending its European footprint to a sixth country as Chinese self-driving firms accelerate overseas
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SpaceX's first results put Musk's AI spending under Wall Street microscope

SpaceX's first results put Musk's AI spending under Wall Street microscope

By Akash Sriram August 3 (Reuters) - SpaceX's first earnings report since its record-breaking IPO will provide an early gauge of whether Starlink's profits can sustain the company's rapidly growing spending on AI and space ventures.
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Toyota lifts annual forecast and unveils $6 billion buyback, but shares fall

Toyota lifts annual forecast and unveils $6 billion buyback, but shares fall

By Daniel Leussink TOKYO, Aug 4 (Reuters) - Toyota, the world's biggest automaker, on Tuesday raised its annual operating profit forecast by 13% to reflect a much softer yen and announced a share buyback of up to 1 trillion yen ($6.3 billion).
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Toyota lifts annual forecast and announces stock buyback, but shares fall

Toyota lifts annual forecast and announces stock buyback, but shares fall

By Daniel Leussink TOKYO, Aug 4 (Reuters) - Toyota, the world's biggest automaker, on Tuesday raised its annual operating profit forecast by 13% to reflect a much softer yen and announced a share buyback of up to 1 trillion yen ($6.3 billion).
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Golf-Ireland's Maguire returns for fourth Solheim Cup as a captain's pick

Golf-Ireland's Maguire returns for fourth Solheim Cup as a captain's pick

LONDON, Aug 3 (Reuters) - Ireland's Leona Maguire will play in her fourth Solheim Cup after Europe captain Anna Nordqvist named her wildcard picks on Monday for next month's clash with the United States in the Netherlands.
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Elon Musk Denies Reports of Tesla's Potential Exit from China Amid Merger Speculations

Elon Musk Denies Reports of Tesla's Potential Exit from China Amid Merger Speculations

Elon Musk Denies Reports of Tesla's Potential Exit from China Amid Merger Speculations
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Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first results

Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first results

By Akash Sriram Aug 1 (Reuters) - SpaceX's first earnings call as a public company may be expected to focus on AI spending and profits from its Starlink satellite communications network, but many retail investors have other things on their minds.