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After picking up $1.5b from SoftBank, Chinese car trading site Chehaoduo says it’ll spend $300m on advertising

After the fundraising, Chehaoduo will be valued above $9 billion.

2 mins read
  • Tesla CEO Elon Musk described the Shanghai plant as the biggest variable for getting to 500,000-plus vehicles a year on the company’s latest earnings call in January.

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    Tesla expected to grab $2b loans from Chinese banks to speed up mass production

    1 min read

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