Jolt: Elon Musk said Tesla will try advertising for the first time after years of relying on word-of-mouth fame. The EV maker is no longer in a lane of its own as electric competition revs into high gear.
iSpy: The DOJ charged a former Apple software engineer with stealing autonomous driving tech secrets. Stolen intellectual property costs the US up to $600B/year, and China’s the biggest offender.
UnZero: China’s reopening boosted sales last quarter for American companies like Disney and Starbucks, but the post-lockdown recovery is moving much slower than hoped.