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Elon Musk’s battery man in China is now richer than Jack Ma – Sydney Morning Herald

Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtaken Alibaba’s Jack Ma in the wealth…

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CATL trades at more than 100 times estimated earnings, compared with about 13 times for competitor Panasonic.
In addition to Tesla, CATL counts BMW and Volkswagen among its customers. In an interview last year, Zeng said he and Tesla Chief Executive Officer…

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