Good morning from the Financial Times.
Today is Tuesday, February 18th and this is your FT news briefing.
The US China Trade War could become a potential liability for Tesla.
Indonesia dominates the global nickel trade.
They now produce 60% of the world's nickel production.
So Indonesia now essentially controls more of global nickel supply than OPEC ever did of oil.
Russian and US officials to meet in Saudi Arabia to discuss the Ukraine war.
Plus India strikes up a deal with Washington over natural gas.
I'm Josh Gabertoyant and here's the news you need to start your day.
Tesla is facing a setback in China
as the electric vehicle company finds itself dragged into the US China trade war.
Local Chinese EVs have been out competing Tesla on price and the company's chief executive,
Elon Musk has been hoping its full self driving technology would help it get ahead.
Now, Beijing has delayed granting a license that would allow Tesla to develop the tech in China.
Two people
with knowledge of the matter said Chinese authorities had considered using the license approval
as a bargaining chip in trade negotiations with the US Last month,
Musk admitted
that Tesla was in a bit of a bind when it came to its full self driving system in China.
Because of strict data rules imposed by both Beijing and Washington,