China’s answer to electric-car maker Tesla is struggling as it burns cash amid stalling sales. Katrina Hamlin and Jeffrey Goldfarb talk about Nio’s options, and whether a tie-up of some kind with Warren Buffett-backed BYD might make some sense for both companies.
China’s answer to electric-car maker Tesla is struggling as it burns cash amid stalling sales. Katrina Hamlin and Jeffrey Goldfarb talk about Nio’s options, and whether a tie-up of some kind with Warren Buffett-backed BYD might make some sense for both companies.https://reut.rs/2IqYlke
Source: Energy Industry News (energyindustrynews.net)
Reuters KatrinaHamlin jgfarb Don’t bailout any Chinese company - keep US capital out of China!
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