 Huawei is close to finishing the construction of a chip research center in Shanghai. The new facility will pursue breakthroughs in semiconductors for devices, wireless networks, and the Internet of Things. The total investment cost $1.4 billion. Quickly, Tesla is looking to hire 800 new employees. That comes just three months after Elon Musk had ordered the largest round of layoffs in the company's history. More from Bloomberg's Kimberly Adams.