Musk says China rivals 'work hardest, smartest'

13 Sept 07:55 Key points summarised by AI

Elon Musk identifies Chinese EV manufacturers as Tesla's toughest competitors, praising their exceptional work ethic and intelligence.
China, Tesla's second-largest market, features a highly competitive electric vehicle landscape with numerous local rivals driving innovation and price competition.
Tesla has strategically implemented deep price cuts, initially in China, to stimulate demand and navigate a challenging market amidst increased competition and a projected recession.
Musk anticipates that a Chinese company will most likely emerge as the world's second-largest electric vehicle manufacturer, following Tesla.

Macron condemns those who 'sought to bring down the Republic' after rioting mars nationwide protests

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.