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Autos & Transportation · 5:19 AM UTCExplainer: What’s happening with Tesla’s $7 billion German ‘gigafactory’?

Next Thursday, July 1, was supposed to be a day of celebration for Tesla: the opening of its self-styled "gigafactory" in the tranquil German municipality of Gruenheide, just outside Berlin.

TechnologySpaceX's Starlink expects it can provide global coverage around September
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BusinessBitcoin recoups some losses in Asia after plunging on Chinese crackdown
United KingdomLondon-based hedge fund that bet against GameStop shuts down -FT
TechnologyU.S. SEC probing SolarWinds clients over cyber breach disclosures -sources
BusinessUber Eats Japan charged for suspected breach of immigration law -Kyodo
IndiaIndia plans tighter e-commerce rules amid complaints over Amazon, Flipkart
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Autos & TransportationLordstown Motors evaluates strategic partners in funding search
TechnologyExclusive: Quanergy nears China-backed SPAC deal to go public

Quanergy Systems Inc, a supplier of self-driving car technology, is nearing a deal to go public through a merger with Chinese blank-check acquisition firm CITIC Capital Acquisition Corp (CCAC.N), people familiar with the matter said on Monday.

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TechnologySotheby’s diamond auction marks another bitcoin milestone
SportsGerman firm's air taxi aims to be operational for Paris 2024 Olympics
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TechnologyU.S. Commerce Department rescinds TikTok, WeChat prohibited transactions list
TechnologyThirteen groups oppose two Big Tech antitrust bills before U.S. Congress
TechnologyBitcoin falls 8.6% to $32,540