Tesla investors said the company's plan to develop a smaller, lower-cost EV, which was reported exclusively by Reuters, might boost volumes and address slowing demand, but at the cost of already strained margins.
USA Rare Earth is considering building a permanent magnet plant in France, its CEO said on Thursday, after agreeing to pay 40 million euros ($47 million) for a stake in French rare earth processing firm Carester.
A Brazilian court issued an injunction removing Chinese automaker BYD from a government list of firms accused of employing workers in slavery-like conditions, a document seen by Reuters on Thursday showed.