Senate Finance Committee Chair Ron Wyden asked major automakers, including Tesla (TSLA), General Motors (GM) and Ford (F) to provide details about their Chinese supply chains, CNBC’s Lauren Feiner reports. Wyden, who sent letters to eight automakers, said he wants to assess the "effectiveness of trade-based efforts by the United States to combat forced labor and other serious human rights abuses in China." Reference Link
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on F:
- Tesla shedding $600B of value presents buying opportunity, says Morgan Stanley
- CDK Global integrates Ford and Lincoln vehicle build data into API
- Hertz probed by NHTSA over whether it rented recalled vehicles, WSJ reports
- What You Missed This Week in EVs and Clean Energy
- Unusually active option classes on open December 19th