Previously, Leo Group announced that its subsidiary Leo Investments Hong Kong Limited plans to invest $50 million in TBCA to participate in a partnership investing in SpaceX.
Tesla CEO Elon Musk commented on the news via his Twitter feed: "Tesla always pays its debts," which indirectly confirmed the news.
At the 2021 World Internet Conference held in Wuzhen, Zhejiang Province on Sunday, Tesla CEO Elon Musk said that Tesla will continue to increase investment and research and development in China in the future.
Prices of bitcoin and other cryptocurrencies tumbled on Wednesday after the Chinese government imposed fresh curbs on banks' use of digital money, further fueling concerns sparked by tweets of Tesla CEO Elon Musk.
Tesla announced on Wednesday that its supercharger manufacturing plant in Shanghai is now operational, less than six months after the project was launched in August last year.
Concerning Elon Musk’s comment, Xpeng’s CEO Xiaopeng He fired back on social media.
Tesla announced a new battery solution for its electric cars at the "Battery Day" event on Wednesday, the biggest highlight of which is the further significant reduction in battery energy density and cost.
CEO Elon Musk disclosed Tesla’s plan for its autonomous driving China team and Shanghai factory in his Q&A formatted video message during the 3rd World Artificial Intelligence Conference (WAIC).
As Elon Musk announced not to hold physical property any more, he sold one of his Bel-Air Mansion in Los Angeles to NetEase CEO.
Tesla's Shanghai factory struggled to resume operations at full capacity on May 6 as planned after the five-day national holiday, and the standstill will likely last until May 9.
Elon Musk confirmed in an earnings call Wednesday that Tesla will cut the price of the Model 3 in China to meet the new eligibility for subsidies.
Elon Musk purchased 1255 FDA-approved ResMed, Philips & Medtronic ventilators from China and donated them to the state of California.
Two titans of global technology entrepreneurship, Elon Musk and Jack Ma, shared a stage on August 29, to talk about the future of humanity, through the lens of technology and AI.
Elon Musk commended Tencent Keen Security Lab on their work of finding flaws in Tesla's driver assistance system. The lab found a way to trick a Tesla Model S into entering the lane of oncoming traffic by simply placing stickers on the road.
China's Premier Li Keqiang met with Elon Musk on Jan.9 in Ziguang Hall of Zhongnanhai, China's central leadership compound, in Beijing, after Tesla broke ground for the $7 billion gigafactory.