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Jim Cramer Says Auto Tariffs Are Inevitable As Alibaba's Joe Tsai Says Chinese EVs May Eventually Be Hit By Them: 'More Than Half The Cars Sold Here Are Imports'
Thursday, March 13, 2025 - 4:21am | 1045After President Donald Trump delayed the tariffs on automobile companies that comply with USMCA rules last week, the tariffs on carmakers were inevitable due to the high magnitude of imports, explained CNBC’s Jim Cramer in an X post. What Happened: The Trump administration provided a one-...
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Alibaba's Joseph Tsai Says 'Everyone Is Concerned About Tariffs,' As He Expects Levies On Chinese EVs
Wednesday, March 12, 2025 - 7:36am | 488The chairperson of Alibaba Group Holding ADR (NYSE:BABA), Joseph Tsai acknowledged that everyone around the world is concerned about the ongoing tariff battle between the economic powerhouses of the world. What Happened: While speaking at CNBC’s event Converge Live, in Singapore, Tsai...
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Alibaba Co-Founder Joe Tsai To Take Sole Ownership Of Brooklyn Nets, Barclays Center
Friday, August 16, 2019 - 12:08pm | 417Joe Tsai, co-founder of the Chinese e-commerce company Alibaba Group Holding Ltd (NYSE: BABA), will be the sole owner of the NBA’s Brooklyn Nets and the team’s arena. What Happened The league and team announced Friday that Russian billionaire Mikhail Prokhorov will sell the remaining 51...
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Alibaba's Joseph Tsai Explains Affected Revenues
Thursday, January 29, 2015 - 2:29pm | 396Shares of Alibaba Group Holding Ltd (NYSE: BABA) took a major beating on Thursday following the company's declaring worse-than-expected quarterly numbers. Joseph Tsai, Alibaba executive vice chairman, was on CNBC to discuss the company’s outlook on growth as the company seeks to...