Why Tesla is not interested in buying Hong Kong-based Wanxiang automaker

After Wanxium agreed to sell its auto division to Tesla in a $2.6 billion deal on Tuesday, Tesla offered a second-guess in an attempt to secure a lower price.Wanxia’s second-half sales fell by as much as 12 percent in the year to the end of March from the year before, while its fourth-quarter profit fell by 15 percent.Tesla is also […]

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