Can China’s billionaires breathe a sigh of relief in 2023?
For China’s richest billionaires, last year was the worst in decades.
Billionaires
Tesla’s brand is tanking, survey finds
Tesla’s brand’s image has plunged in the months following CEO Elon Musk’s acquisition of Twitter according to new research from Morning Consult.
Sam Bankman-Fried pleads not guilty, trial set for October
The fallen mogul faces up to 115 years in prison if found guilty on all counts.
Warren Buffett-backed BYD’s EV sales soar to monthly record
Sales of new energy vehicles at BYD, China’s top-selling electric vehicle maker, more than doubled in December.
Tesla posts record EV deliveries – but misses expectations
The company finally broke the 1 million-unit mark in 2022.
These crypto founders and Bitcoin moguls lost US$116 billion in 2022
Embattled cryptocurrency pioneers face a moment of reckoning.
FTX and Alameda executives plead guilty to fraud as Sam Bankman-Fried is extradited to US
Members of Sam Bankman-Fried’s inner circle are cooperating with federal authorities.
The planet’s billionaires are nearly US$2 trillion poorer this year
It was a tough year for tech billionaires, Russian oligarchs–and Elon Musk.
Billionaire Alibaba co-founder Joseph Tsai selling 8% stake in retailer
Billionaire Alibaba executive vice chairman Joe Tsai plans to sell an 8% stake in the Chinese online retailer he cofounded.
Tesla’s market cap dips, widening gap between Musk and world’s No.1 billionaire
On Tuesday, the electric vehicle maker’s equity valuation dipped below US$500 billion in mid-day trading for the first time since November 2020.