Tesla vehicles are barred from parts of a major Chinese city as it prepares for a visit by President Xi Jinping for the start of the World University Games on Friday, according to people familiar with the matter.
Elon Musk is closing in on recapturing his title as the world’s richest person since falling behind Bernard Arnault in December, thanks to Tesla Inc.’s 70% rise this year.
The carmaker’s discussions are said to include plans about multiple facilities in the country, serving different functions across production and the supply chain
Elon Musk is promoting a new perfume, as the world’s richest man continues a track record of turning what ostensibly starts out as jokes into sought-after products.