Nio, China rival to Tesla, says U.S. head to step down

The U.S. head of Nio Inc , an electric carmaker seen as one of the main Chinese rivals to Tesla Inc , will leave the company, the firm said in a filing on Friday, the first major management departure since its September IPO.


from Reuters: Top News https://reut.rs/2E900dA

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The Sunday Read: ‘What Does It Mean to Save a Neighborhood?’

By BY JACK D’ISIDORO, AARON ESPOSITO, JOHN WOO AND COREY SCHREPPEL from NYT Podcasts https://nyti.ms/3E5bF7T