Xiaomi (01810.HK) indirectly denies poaching the factory director of Tesla in Shanghai.

Regarding the rumors that Tesla's Shanghai Gigafactory Vice President Song Gang might join Xiaomi Automobiles, Xiaomi (01810.HK) Public Relations Department General Manager Wang Hua responded on Weibo that Director Song (Song Gang) is indeed excellent, but the seasonal director of Xiaomi Automobiles factory (Ji Guowei) is also very outstanding, which is enough! Yesterday, media reported that Tesla's Manufacturing Vice President and Shanghai factory Director Song Gang submitted his resignation months ago, with December 18 being his last working date. Currently, Tesla has not officially appointed a new Shanghai factory director, while Song Gang plans to join a domestic emerging automobile brand that is currently facing production capacity bottlenecks.

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Express News | The Ministry of Commerce responds to the progress of price commitment negotiations in the EU-China electric Autos anti-subsidy case.

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Express News | Tesla Former China Factory Head Song Gang to Join Renewable Energy Firm Envision - Sources

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Express News | Xiaomi responds to rumors of poaching Tesla's China plant director.

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Express News | HSBC: Raised the Target Price for Tesla from 126 dollars to 140 dollars.

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In November, new car registrations in Europe decreased by 2% year-on-year.

The European Automobile Manufacturers Association (ACEA) announced that the number of new car registrations in Europe in November fell by 2% year-on-year to 1.06 million units, primarily affected by a significant drop in sales in France and Italy.

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