News Snapshot:
Democratic Senator Jeff Merkley (D, OR) blasted Tesla’s ( TSLA ) choice to open a showroom in China’s controversial Xinjiang area, including to rising criticism of the Austin-based firm’s actions. Talking to Yahoo Finance Dwell, Merkley mentioned Tesla’s motion “offers cowl to the Chinese language authorities” and its marketing campaign in opposition to Muslim Uyghur minorities. “When an organization decides to position its enterprise in the course of this setting of genocide and slavery it’s actually doing one thing very unethical. It’s principally saying these items don't matter,” Merkley mentioned. “I believe firms ought to steer very clear of getting...
