Nio states it will not be a part of the ‘price war’ and slash selling prices like Tesla

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Chinese electric powered vehicle organization Nio will hold its rates higher alternatively than chopping them, CEO William Li told CNBC in an job interview.
Elon Musk’s automobile business has this yr slashed prices in the U.S. and China.

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With foreign tourists boycotting the U.S., businesses brace for falling sales

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Key Points International tourists are skipping trips to the U.S. amid tensions tied to trade, immigration and territory. Many businesses that rely on foot traffic from overseas visitors are already seeing a financial hit, even before heading into peak travel season. New York, Miami, Los Angeles, Orlando, San Francisco and Las Vegas are examples of […]