The CEO of SpaceX and Tesla was in Bali to launch Starlink’s satellite internet services in Indonesia.

Broadcom boss Hock Tan is the highest-earning CEO in the US, per a Wall Street Journal analysis. But the Malaysian-born Tan has to fulfil certain criteria to get his full US$162 million pay package.

Tesla’s closest rival in China’s EV market reported a major setback in the first quarter, after earnings and deliveries slumped from the preceding three months. Margins eroded amid price discounting.

China’s leading EV makers are taking longer to settle payments with suppliers, indicating stress in the industry because of slowing sales and mounting discounts.

Indonesia is the third country in Southeast Asia where Starlink will operate. Starlink was launched at three Indonesian health centres on Sunday.

The ‘general data’ list, covering 64 categories, will enable certain firms to make data transfers overseas without a security assessment.

Chinese electric vehicle (EV) maker Nio plans to stay on the sidelines amid a bruising price war in the sector, even after it launched a new mass-market brand to target budget-conscious consumers.

Nio has launched a new electric vehicle brand – Onvo – targeted at China’s cost-conscious middle-income consumers amid fierce competition in the world’s largest EV market.

Chinese smartphone maker Xiaomi has become the country’s eighth-largest EV upstart after selling more than 7,000 units of its SU7 sedan in April, according to industry data.

The era of battery-powered cars has truly arrived, as EVs dominated the car show. While carmakers still displayed a lot of futuristic concepts, it was the ongoing price war that had people talking.

The potential launch of Tesla’s Full Self-Driving system in China is expected to help widen domestic availability of such autonomous vehicle technology.

Expected granting of a licence follows CEO Elon Musk’s discussion with top Chinese officials last month, state-run newspaper China Daily reported.

The Austin-based senior vice-president had previously been based in China, heading the carmaker’s Asia-Pacific operations.

China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.

To go to market with Tesla’s Full Self-Driving system, Elon Musk had no choice but to join a Chinese partner for a mapping licence on the mainland.

General Motors, Ford and other carmakers, which struck deals last year to give customers access to the network, said they are not changing their plans.

Tesla CEO Elon Musk cancelled his meeting with India PM Modi last week, and instead went to China to make progress towards an advanced driver assistance package.

The US carmaker has passed a test of its compliance with Beijing’s data security rules thanks to a watershed decision it says could pave the way for the removal of some restrictions on the use of its cars in mainland China.

Billionaire Elon Musk flew into Beijing on Sunday, meeting Premier Li Qiang and hoping to bring Tesla’s autonomous driving technology to China amid intensified competition with local electric vehicle makers.

The electric vehicle maker is expected to build a base in India given the country’s importance as a sales market, analysts say.

The carmaker hopes to lure high-end Chinese consumers amid an escalating price war among some of its top rivals.

Further discounts offered by carmakers in a price war in mainland China’s electric vehicle market could ensnare even the likes of top seller BYD, Goldman Sachs says.

The fake Musk claimed he could make the woman rich by helping her invest her money.

Tesla launch of ‘new models’ by early 2025 in an advanced timeline would use its current platforms and production lines

Chinese smartphone brand Xiaomi has declared initial victory in its foray into the crowded electric vehicle market, claiming more than 70,000 orders for its SU7 sedan in the first month.