A Ministry of Commerce spokesperson did not mention any U.S. actions specifically, but it's been a tense couple of weeks for the trade negotiations.World Politicsread more
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British Prime Minister Theresa May could announce her resignation in the next few days, according to U.K. media reports, as she faces increasing pressure from members of her...Europe Politicsread more
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Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.Technologyread more
Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement with Asia's largest economy.China Economyread more
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Lawmakers, lobbyists and CEOs in the U.S. are looking to trying to pick out the best parts of the EU's privacy law called GDPR – and ditch what they see as the worst.Technologyread more
Indian Prime Minister Modi is on course to return to power for a second term after his party reportedly won big at the parliamentary elections.Electionsread more
The embattled German lender saw its share price hit a record low Monday, down nearly 5% since the start of the year.Banksread more
The interaction, witnessed by a senior administration official, followed President Donald Trump's abrupt exit out of a meeting with Democratic congressional leaders.Politicsread more
Tesla doubled its service capacity in 2017, the company reported on Wednesday, especially through expansion of its "mobile service fleet."
The fleet now includes 230 vehicles that travel to customers throughout North America, so they don't have to bring their cars into the shop.
The idea is to keep the cost of repairs as low as possible for Tesla while minimizing the disruption for customers when repairs are needed.
Drivers apparently love the mobile service, which Tesla says has an average customer satisfaction score of 98 percent. Nearly one-third of repairs are now done via Tesla's mobile unit, the company revealed as part of its Q4 2017 earnings report.
In 2018, Tesla plans to invest more in its mobile service, and other technology which allows it to remotely diagnose issues with its Model 3 sedans.
The company wrote in a shareholder letter, "Diagnostics architecture has been substantially redesigned for Model 3 in order to reduce physical service visits by more than 50 percent."
In the past, Tesla has struggled to offer timely repairs to its customers.