Reported 1 day ago
Washington's inclusion of China's CATL on a blacklist for alleged military ties could create challenges for Tesla's founder Elon Musk, especially given CATL's vital role as a battery supplier for Tesla's Shanghai factory. This designation may threaten Tesla's partnerships with CATL as scrutiny increases over the implications of doing business with designated companies. Although no immediate effects are expected, there are concerns about potential future restrictions and the strain on connections with the Chinese government, which are critical for Tesla's operations.
Source: YAHOO