Bloomberg

Elon Musk’s China Nemesis Survived Once, But He Has a Fight Ahead

(Bloomberg) — William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Li manages to spoon a small amount of fried rice and vegetables onto his plate, but he’s not here for the food. Over the next th

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