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Digital World Acquisition Corp (DWAC) Set to Open Higher After Musk Ends Plans to Join Twitter's (TWTR) Board

April 11, 2022 6:40 AM EDT

Digital World Acquisition Corp (NASDAQ: DWAC) Set to Open Higher After Musk Ends Plans to Join Twitter's (NYSE: TWTR) Board

DWAC Climbed 7% Pre-OpenTwitter Declined 2%... More

Tesla (TSLA) Stock Falls 4% as Data Showed Shanghai Production Suffered in March

April 11, 2022 6:29 AM EDT

Car sales slumped in China in March as the countrys measures to curb the spread of coronavirus weighed on the automakers output, according to the China Association of Automobile Manufacturers (CAAM).

Data show that car sales in the Chinese auto market plunged 11.4% in March from a year earlier to 2.23 million vehicles, even though sales have seen a sharp increase of 18.7% just a month earlier.

"The recent pandemic situation has been quite severe and so the figures in March were not too good, and we currently do not see much improvement in April," said Chen Shihua, the deputy... More