FT News Briefing China pumps the brakes on Tesla’s autonomous cars
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Feb 18, 2025 Tesla faces hurdles in China as trade tensions with the U.S. escalate, jeopardizing its future there. Indonesia has emerged as a major player in the global nickel market, currently supplying 60% of the world's nickel due to smart policy decisions. This dominance raises questions for Western companies about their future. Meanwhile, India is shifting its energy strategy, increasing its reliance on U.S. natural gas imports while navigating its complex relationship with Russian oil.
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Tesla's China Challenge
- Tesla's competitive edge in China is challenged by local EV price wars.
- Their reliance on Full Self-Driving (FSD) is hampered by data regulations, impacting market dominance.
Indonesia's Nickel Dominance
- Indonesia's nickel production dominance, fueled by Chinese investment and protectionist policies, impacts global EV battery production.
- This dominance creates geopolitical challenges for Western companies seeking to reduce reliance on China.
Ukraine Peace Talks
- US and Russian officials initiated peace talks regarding the Ukraine war, raising concerns among European leaders.
- Ukraine's absence from the negotiating table further fuels apprehension.