Electric car pioneer reports fourth consecutive quarterly net profit on Wednesday

Tesla reported its fourth consecutive quarterly net profit on Wednesday, the fissure between the US and China continues to deepen with Washington ordering Beijing to shut its consulate in Houston over spying concerns, a group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese parent company, ByteDance, and Wirecard’s former chief executive has been rearrested and accused of committing a long-running fraud.

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