Strava, an app used by runners and cyclists to track their workouts, could triple its valuation with an upcoming fundraise, Bloomberg reports . The company is working with an unnamed advisor to raise as much as $400 million at a valuation of at least $1 billion. Founded over a decade ago in San Francisco, the company was valued at $365 million in 2017, according to financial data firm...
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How Tesla is Winning From the U.S.-China Trade War
On Nov. 1 last year, Tesla invited executives from dozens of China-based automotive parts suppliers to the carmaker’s new Shanghai factory, where its first made-in-China Model 3 sedans were about to roll out. At the event, Roshan Thomas, Tesla’s senior executive in charge of managing suppliers, gave a speech explaining that Tesla needed to continually push down the price of its ...
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