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Tesla faces crisis and opportunity as China and Europe press electric vehicle offensive

Tesla is making new moves on shareholder decision-making and fundraising after the U.S. SEC approved an automatic voting method for retail investors and the company secured a large credit line. Attention is also on potential major strategies, including a possible SpaceX merger, and on why Tesla is seeking large borrowing despite holding substantial cash. The company is also upgrading vehicles, while Europe and China intensify competition in electric cars and charging infrastructure.