But is what he did illegal? Foreign media analyzed that according to the International Economic Emergency Powers Act (IEEPA), the president can not only obtain certain emergency powers in the event of a national economic emergency, but can also declare a state of emergency on his own. Therefore, it is the President who decides when he or she can exercise the emergency powers granted by IEEPA. Under IEEPA, there is only one shortcut to overturning a presidential declaration of a national emergency: Congress passes a simultaneous resolution contradicting the president’s determination of a national emergency. But Congress never did so.
Tesla becomes the "savior" when competitors can't sell, earns $1 billion
1.10 Tesla could potentially receive huge amounts of money from its competitors failing to sell enough electric vehicles. The European Union has set extremely strict emissions targets for automakers, and those that fail to meet them will face fines of hundreds of millions of dollars. But the tough new measures come as electric car sales stagnate across the continent and as some countries scrap consumer subsidies for buying electric vehicles.
However, European regulations also leave a "fallback path", allowing car companies to "group together" and average emissions. Companies with lagging electric vehicle sales are actually buying carbon credits from stockholder data electric vehicle giants such as Tesla. Automakers such as Toyota, Ford, Stellantis, and Mazda have chosen to team up with Tesla, while Mercedes-Benz has formed another team with Volvo and Polestar. UBS analysts estimated the move could net Tesla $1 billion.
But once another big country does the same, it becomes unclear what justice is…
Israel can say Lebanon is important, Turkey can say Syria is important, India can say Sri Lanka is important...
Pandora's box will eventually open again. (End of full text)
In addition, Shengxiang Bio has also introduced former senior executives of international giants, established industrial funds, and taken a series of measures to enhance its innovation capabilities and expand its industrial layout, in order to achieve "second entrepreneurship" and maintain its high-speed growth momentum.