Tesla is also facing issues in the Worlds Largest car market china. Here he is talking at the Automotive News World Congress in detroit. Things were a little weaker in china but just because i think of some communications issues. People have the misperception that there is charging in china but we have corrected all the charging issues. We have to work that correct that misperception. I spoke with ben kallo. Senior Research Analyst at robert w baird. Tesla entered china with very high expectations. I think they are learning that the market is more difficult than originally thought. Infrastructure wise and education wise run electric vehicles as well. Isnt that true of any product out there . Its their fault. I wonder, if after nine months in this market and sales are falling already, maybe this market for this luxury electric car isnt huge. So for what they have seen is lumpy sales. There have been two different heads of china. Bringing in someone else is one step in the right directio
Tesla is also facing issues in the Worlds Largest car market china. Here he is talking at the Automotive News World Congress in detroit. Things were a little weaker in china but just because i think of some communications issues. People have the misperception that there is charging in china but we have corrected all the charging issues. I spoke with ben callows. Tesla entered china with very high expectations. I think they are learning that the market is more difficult than originally thought. Isnt that true of any product out there . Its their fault. I wonder if after nine months in this market and sales are falling already, maybe this market isnt huge. So for what they have seen is lumpy sales. There have been two different heads of china. Bringing in someone elses one step in the right direction to increasing infrastructure is another. In december, they got rid of the person who ran their chinese division. Thats right. One thing to remember is this also happened in germany did they
There is no direct news causing the decline, although russia has been starting to ban bitcoinrelated websites. Apple and ericsson suing each other over wireless technology. Apple claims that ericsson patents are not essential and that meanwhile ericsson is asking a federal court in texas to determine whether its licensing terms are fair. Now to the lead, blackberry shares spiked earlier today on a report that samsung made an offer to buy the company for as much as 7. 5 billion. Now shares in afterhours are moving in the other direction, down. A statement from the company saying it is not in talks with samsung. For more details, the Bloomberg News reporter who covers this so well. Alex, from new york. The reuters story looks like it was wrong, at least that is what blackberry is saying. What do we know . They said blackberry is not engaging in discussions. You can read between the lines. If you look at what reuters did lay out, 7. 1 billion would actually value blackberry about 24 times
The Worlds Largest car market china. Here he is talking at the Automotive News World Congress in detroit. Things were a little weaker in china but just because i think of some communications issues. People have the misperception that there is charging in china but we have corrected all the charging issues. We have to work that correct that misperception. I spoke with ben callows. Tesla entered china with very high expectations. I think they are learning that the market is more difficult than originally thought. Isnt that true of any product out there . Its their fault. I wonder, if after nine months in this market and sales are falling already, maybe this market for this luxury electric car isnt huge. So for what they have seen is lumpy sales. There have been two different heads of china. Bringing in someone else is one step in the right direction to increasing infrastructure is another. In december, they got rid of the person who ran their chinese division. They did. One thing to reme
184, the lowest it has been since october 2013. Russia has been starting to ban bitcoinrelated websites. Apple and ericsson suing each other over wireless technology. Ericsson is asking a federal court in texas to determine whether its licensing terms are fair. Now to the lead, blackberry shares spiked earlier today on a report that samsung made an offer to buy the company for as much as 7. 5 billion. Now shares in afterhours are moving in the other direction, down. A statement from the company, saying it is not in talks with samsung. For more details, the Bloomberg News reporter who covers this so well. The reuters story looks like it was wrong, at least that is what blackberry is saying. How do we know . They said blackberry is not engaging in discussions. If you look at what writers did lay out, reuters did lay out actually values blackberry 24 times which would be how much the company was valued at one it was the Smartphone King before the iphone came in. If this were to be a deal