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The United States imposed 100% tariffs on Chinese electric vehicles to keep them out of the American market. TikTok and YouTube are making that strategy irrelevant. A survey of 9,000 potential EV buyers by AlixPartners found that 58% had seen Chinese EVs on TikTok, 76% of 18-to-25-year-olds were aware of Chinese EV brands, and 69% […]
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Khaby Lame's $975 million deal is facing trouble as brokerages restrict trading in the stock tied to it. The TikTok star had planned to merge his company with Rich Sparkle Holdings so everyday investors could buy in, but uncertainty has sent the stock down over 90% since January.
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Khaby Lame's mysterious $975 million deal has hit a snag: Brokerages are restricting or blocking trading in the stock behind it.