Foxconn/Apple: China’s Covid failure triggers golden goodbyes for ...
Synopsis by SCMP Nov 24 22
There are no winners in China’s game of Whac-A-Mole that the government is calling “dynamic zero-Covid”, which has hammered the country’s economy and Read full article 
SCMP: Global Impact: Zero-Covid’s liabilities adding up after Foxconn factory disruptions hit iPhone shipments
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| Last Updated | Nov 24 22 |
| Total Articles | 2 |
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respiratory syndrome and infectious disease in humans, caused by SARS coronavirus 2
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Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020: Apple Inc.’s iPhone sales in China fell 19% during the March quarter ...
bloomberg.com/news/articles/2024-04-23/apple-s-china-iphone-sales-dive-19-in-worst-quarter-since-2020
Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020: Apple Inc.’s iPhone sales in China fell 19% during the March quarter ...
bloomberg.com/news/articles/2024-04-23/apple-s-china-iphone-sales-dive-19-in-worst-quarter-since-2020
The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet
economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss
Where to recycle your used and unwanted gadgets: Here are all of the ways you can recycle your old gadgets, from national programs to state-specific initiatives ...
engadget.com/where-to-recycle-electronics.html
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
bloomberg.com/news/newsletters/2024-04-23/how-china-can-keep-the-global-electric-vehicle-market-aloft
China secures cutting-edge AI chips through the back door: The American government is trying to stop the export of special processors optimized for artificial ...
faz.net/aktuell/wirtschaft/kuenstliche-intelligenz/china-sichert-sich-hochmoderne-ki-chips-durch-die-hintertuer-19672828.html
China can't quit coal by 2040, researchers say, despite global climate goals: China's coal consumption will fall by just one-third by 2040, according to a report ...
reuters.com/world/china/china-cant-quit-coal-by-2040-researchers-say-despite-global-climate-goals-2024-04-23/
JPMorgan China names new heads of China securities unit: JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm ...
reuters.com/business/finance/jpmorgan-china-names-new-heads-china-investment-banking-arm-2024-04-23/
VW workforce cuts: Volkswagen pays up to 450,000 euros in severance pay: VW is fueling its workforce reductions with high severance payments ...
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-zahlt-bis-zu-450-000-euro-abfindung/29757096.html
China's EV strategy of going small and cheap to pay big dividends in Asia: Russell
reuters.com/world/china/chinas-ev-strategy-going-small-cheap-pay-big-dividends-asia-russell-2024-04-23/
Apple's AI Will Work Without an Internet Connection: Rumors point to the first iteration of the technology running entirely on the device's hardware.
uk.pcmag.com/iphone-apps/151949/apples-ai-will-work-without-an-internet-connection
Quick Glance: Apple's AI to Function Independently from Internet
- The processing for the AI will happen directly on the iPhone without connecting to a cloud service.
- This ensures enhanced security and privacy for users.
- Apple is developing its own in-house LLM called "Ajax" and has acquired multiple AI companies in recent years.
- The AI technology is expected to be initially implemented in Messages, Safari, Spotlight Search, and Siri.
Apple’s China iPhone Sales Suffer Worst Quarter Since 2020. Why It’s Losing More Market Share.
barrons.com/articles/apple-china-iphone-stock-price-a8633053
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China to revise statistics law to fight data fraud: China will revise its statistics law in a bid to fight persistent data fraud, the state-run Xinhua news ...
reuters.com/world/china/china-revise-statistics-law-fight-data-fraud-2024-04-23/
India tells spice makers to verify quality after Hong Kong allegations: India's spice exports regulator has asked MDH and Everest to provide details of quality ...
reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/
Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
Paid articlePaid Apple Named a Top Pick for 2024 at BofA Ahead of Key Earnings: Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s ...
bloomberg.com/news/articles/2024-04-22/apple-named-a-top-pick-for-2024-at-bofa-ahead-of-key-earnings
Paid articlePaid Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
U.S.-China relations 'stable but fragile,' AmCham chief says: HONG KONG -- U.S.-China relations are "stable but fragile," the American Chamber of ...
asia.nikkei.com/Business/Business-trends/U.S.-China-relations-stable-but-fragile-AmCham-chief-says
Paid articlePaid China Is Betting on a Trade-In Plan to Help Save Its Economy: China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US ...
bloomberg.com/news/articles/2024-04-22/china-is-betting-trade-ins-for-evs-fridges-can-help-save-its-economy
35 managers report to him: Tesla boss Elon Musk activates “war mode”: Tesla is struggling with sales problems and is under price pressure from China ...
businessinsider.de/wirtschaft/35-manager-berichten-an-ihn-tesla-chef-elon-musk-aktiviert-kriegsmodus/
Chinese Embassy: No Espionage: China's representation in Berlin rejects the latest espionage allegations. Meanwhile, CDU security expert Kiesewetter is convinced ...
zdf.de/nachrichten/politik/deutschland/spionage-china-deutschland-kiesewetter-100.html
World defense spending reaches highest levels on record: Report: Military spending across the world last year reached the highest levels ever recorded by a major ...
thehill.com/policy/defense/4611470-world-defense-spending-reaches-highest-levels-on-record-report/
Quick Glance: Global Military Spending Hits Historic High in 2023
- Global military spending hit a record high of $2.443 billion in 2023 after a 7% increase, as per a report.
- Military expenditure rose consistently over nine years in all regions due to worsening peace and security globally.
- Countries like Ukraine, Russia, Poland, Germany, and the UK saw significant spikes in their military spending.
- Israel notably increased its military spending significantly due to the conflict in the Middle East, particularly a major offensive in Gaza in 2023.
US Firms Still Cautious About Investing in China, AmCham Says: US companies are wary about investing in China because of policy unpredictability ...
bloomberg.com/news/articles/2024-04-23/us-firms-still-cautious-about-investing-in-china-amcham-says
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The end of Finewoven: Apple looks for the next premium material: Apple stops production of iPhone and Apple Watch accessories made from fine fabric and is ...
connect.de/news/apple-finewoven-ende-suche-nach-neum-premium-material-3205230.html
South Korea's economy likely saw steady economic growth in Q1: Reuters poll: South Korea's economy likely grew 0.6% last quarter, maintaining the same pace of ...
reuters.com/markets/asia/south-koreas-economy-likely-saw-steady-economic-growth-q1-2024-04-23/
Hong Kong, China and a footballing dilemma: Hong Kong, China and a footballing dilemma
bbc.com/sport/football/articles/c9ezpy0ryk0o
Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
reuters.com/business/autos-transportation/nidec-posts-quarterly-loss-hit-by-restructuring-costs-2024-04-23/
Telegram founder says China downloads have not fallen since Apple move: Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to ...
reuters.com/technology/telegram-founder-says-china-downloads-have-not-fallen-since-apple-move-2024-04-23/
Is 128GB Enough iPhone Storage?: The iPhone 15 offers "lots of storage for lots of photos," or at least that's what Apple boasts in its latest ad ...
macrumors.com/guide/is-128gb-enough-iphone-storage/
Pro-China party wins Maldives election in landslide, media say: Maldives voters handed President Mohamed Muizzu's party a landslide win at parlimentary ...
reuters.com/world/asia-pacific/pro-china-party-wins-maldives-election-landslide-media-say-2024-04-22/
Quick Glance: Pro-China Party Secures Overwhelming Victory in Maldives Election
- President Mohamed Muizzu's PNC party wins by a landslide in Sunday's election, gaining control of parliament with a supermajority.
- The PNC, with three additional seats from allies, secures 70 out of 93 seats, signaling a shift towards China from India.
- Official results confirmation is expected soon, with the new assembly set to take office in early May.
- The election serves as a pivotal moment for Muizzu's agenda of closer economic ties with China following his previous win in the presidential election.
Saudi Aramco in talks to buy 10% of China's Hengli Petrochemical: Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengli ...
reuters.com/markets/deals/chinas-hengli-petrochemical-says-saudi-aramco-talks-buy-10-company-2024-04-22/
North Koreans may have helped create Western cartoons, report says: North Korean animators may have helped create popular television cartoons for big Western ...
reuters.com/world/asia-pacific/north-koreans-may-have-helped-create-western-cartoons-report-says-2024-04-22/
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
UBS Dials Back China Fund Plans on Grim Outlook: UBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high costs and a ...
bloomberg.com/news/articles/2024-04-23/ubs-dials-back-china-fund-plans-on-grim-outlook
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Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...
cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
- Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.
- The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.
- The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.
- The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
Copper Nears $10,000 as Investors Bet on Rising Global Demand: Copper edged closer to $10,000 a ton after an April rally fueled by bets that a recovering global ...
bloomberg.com/news/articles/2024-04-22/copper-nears-10-000-as-investors-bet-on-rising-global-demand
UK police charge two men with spying for China: British police on Monday charged two men with spying for China, including one reported to have worked as a ...
reuters.com/world/uk/uk-prosecutors-authorise-charges-against-two-men-over-spying-china-2024-04-22/
Quick Glance: Charges Filed Against UK Ex-Parliamentary Researcher for 'China Espionage'
- London's Metropolitan Police has accused two men, researcher Christopher Cash and Christopher Berry, of violating the Official Secrets Act.
- The charges coincided with the announcement of the arrest of three German nationals suspected of spying for China and accessing secret maritime technology by German investigators.
- The British duo is alleged to have transmitted 'articles, notes, documents or information' to a foreign state between 2021 and the previous year.
- In September, the Met Police disclosed the arrest of a man in his twenties on espionage suspicions. The Sunday Times revealed his parliamentary researcher identity.
The Apple Vision Pro isn't exactly flying off the shelves: Some Apple stores are reportedly selling just a couple of Vision Pros per week ...
qz.com/apple-vision-pro-sales-1851426963
Reddit Was Down on iPhone and Web for Some Users: Reddit went down for some users today, with the outage affecting the website and iPhone app ...
macrumors.com/2024/04/22/reddit-down-for-some-iphone-and-web-users/
US sends land-attack missile system to Philippines for exercises in apparent message to China
cnn.com/2024/04/22/asia/us-land-attack-missile-philippines-china-intl-hnk-ml/
China's Q1 fiscal revenue falls as tax cut policies weigh: China's fiscal revenue in the first quarter fell 2.3% from a year earlier, as some special factors ...
reuters.com/world/china/chinas-q1-fiscal-revenue-falls-tax-cut-policies-weigh-2024-04-22/
Aramco boss says China's solar panel, EV output helps affordability: The comments come as the West has stepped up criticism of China's dumping of cheap green ...
businessinsider.com/saudi-aramco-nasser-china-overproduction-solar-panel-ev-output-affordable-2024-4
What to read about India’s economy: Can it emulate China’s past manufacturing success—and should it even try?
economist.com/the-economist-reads/2024/04/22/what-to-read-about-indias-economy
China's strong iron ore imports diverge from weak steel output: China's first quarter imports of iron ore and its domestic production of the steel raw material ...
reuters.com/world/china/chinas-strong-iron-ore-imports-diverge-weak-steel-output-russell-2024-04-22/
Deadly floods swamp the ‘factory floor of the world’: The floods in Guangdong province were caused by intense convective storms that started last week and are ...
theage.com.au/environment/weather/deadly-floods-swamp-the-factory-floor-of-the-world-20240423-p5flzo.html
Saudi Aramco chief executive defends China’s role in green transition amid closer ties
ft.com/content/c382eec3-5b03-48ec-8acf-5589fdaa6527
The bubble has burst: On the road to a lost Chinese economic decade : No longer will the world be able to count on China to be the world’s primary engine of ...
thehill.com/opinion/finance/4611662-the-bubble-has-burst-on-the-road-to-a-lost-chinese-economic-decade/
Australia to Cut Key Global Economy Growth Forecasts in Budget: Australia will cut the growth outlook for most major economies, including key trading partner ...
bloomberg.com/news/articles/2024-04-21/australia-to-cut-key-global-economy-growth-forecasts-in-budget
Paid articlePaid Volkswagen to Face Investors Skeptical of China Turnaround Plan: Volkswagen AG faces an uphill battle to convince investors it can turn around its business in ...
bloomberg.com/news/articles/2024-04-22/volkswagen-to-face-investors-skeptical-of-china-turnaround-plan
Paid articlePaid Russia's Nornickel moves closer to biggest buyer with plan for copper plant in China
reuters.com/markets/commodities/russias-nornickel-move-copper-plant-china-ceo-tells-interfax-2024-04-22/
Commentary: Dispelling US-China myths before they become self-fulfilling prophecies
channelnewsasia.com/commentary/china-us-tension-choose-sides-security-threat-risk-4269211
Humble China street vendor makes sacrifices to support academically gifted daughters who gain PhD and master’s degree
scmp.com/news/people-culture/trending-china/article/3256292/humble-china-street-vendor-makes-sacrifices-support-academically-gifted-daughters-who-gain-phd-and
China Braces for Worst as It Becomes Punching Bag in US Election: With Beijing already becoming a top target in the US election campaign, President Xi Jinping’s ...
bloomberg.com/news/articles/2024-04-21/china-braces-for-worst-as-it-becomes-punching-bag-in-us-election
Paid articlePaidQuick Glance: China Gears Up for Worst Amid US Election Focus
- Beijing becomes a top target in the US election campaign, prompting a measured response from China.
- China responds moderately to US actions such as symbolic tariffs and investigations.
- Emphasis on the importance of US relationship and reliance on American consumer.
- Efforts to stabilize US-China ties amidst election rhetoric and tensions.
China leaves benchmark lending rates unchanged, in line with expectations: China left benchmark lending rates unchanged at a monthly fixing on Monday ...
reuters.com/world/china/china-leaves-benchmark-lending-lprs-unchanged-line-with-expectations-2024-04-22/
Why elections in India, the world’s largest democracy, are crucial to watch: As India heads to the polls this week, in what will be the biggest democratic ...
pbs.org/newshour/world/why-elections-in-india-the-worlds-largest-democracy-are-crucial-to-watch
Pro-China Maldives president’s party sweeps parliamentary vote: Landslide victory brings into focus rivalry between New Delhi and Beijing in the region
ft.com/content/e3e2ab99-cc06-41ff-82f1-4ebc06079c01
Apple Is Getting Rid Of Its Line Of FineWoven Cases And Watch Bands: The eco-friendly cases are prone to durability issues
pcmag.com/news/apple-is-getting-rid-of-its-line-of-finewoven-cases-and-watch-bands
Germany arrests three people suspected of giving technology to China: BERLIN (Reuters) -- Three German nationals have been arrested on suspicion of ...
asia.nikkei.com/Politics/International-relations/Germany-arrests-three-people-suspected-of-giving-technology-to-China
Paid articlePaid Australian coach defends Chinese swimming amid doping furore: Australian swimming coach Denis Cotterell has rejected allegations of orchestrated doping in ...
reuters.com/sports/australian-coach-defends-chinese-swimming-amid-doping-furore-2024-04-22/
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
Paid articlePaid How to Install iOS Beta Software Updates on iPhone: In a break from the past, Apple these days offers non-developers the opportunity to download beta software ...
macrumors.com/how-to/install-ios-beta-software-updates-iphone/
Australia News Today: Canberra Versus Musk, Nickel Mining, Goldman People Moves: Good morning everyone, it’s Ben here on a brisk Canberra morning ...
bloomberg.com/news/newsletters/2024-04-22/australia-news-today-canberra-versus-musk-nickel-mining-goldman-people-moves
Souring China dreams force Western financial firms to cut costs: Just a few years ago, lucrative business prospects in China on the back of a booming economy led ...
reuters.com/world/china/souring-china-dreams-force-western-financial-firms-cut-costs-2024-04-22/
BYD, Polestar, Nio and Co: Are Chinese manufacturers flooding Europe with electric cars?
nzz.ch/wirtschaft/byd-polestar-nio-und-co-ueberfluten-chinesische-hersteller-europa-mit-billigen-elektroautos-ld.1824839
Set Different Wallpapers on iPhone Lock Screen and Home Screen: On iPhone and iPad Lock Screens, you can change the font and style of the clock, add widgets ...
macrumors.com/how-to/set-different-iphone-lock-home-screen-wallpapers/
Russia is in third place: Ukraine war pushes global military spending to all-time high
n-tv.de/politik/Ukraine-Krieg-treibt-weltweite-Militaerausgaben-auf-Hoechststand-article24890574.html
How to Clean Your Smartphone's Charging Port and Speakers: Consumer Reports shares expert advice on the best way to clean the charging port and speakers on your ...
consumerreports.org/electronics-computers/cell-phones/how-to-clean-smartphone-charging-port-and-speakers-a2505681935/
Korea urged to stop holding CEOs liable for workplace accidents : The government will continue to pursue regulatory reforms and thoroughly review policy ...
koreatimes.co.kr/www/tech/2024/04/419_373298.html
Takeaways from AP report on how the search for the coronavirus origins turned toxic
apnews.com/article/china-covid-virus-coronavirus-origins-pandemic-lab-858a4872eb593a7272f654a0f7716ce2
Three Germans arrested for spying for China: A few days after the arrest of two suspected Russian saboteurs, the Federal Prosecutor's Office this morning again ...
tagesschau.de/inland/festnahmen-spionage-china-100.html
Oh, Buoy! Satellite Data Helps Pinpoint Ocean Waves: Improved satellite-enabled buoys could make a splash in ocean science
spectrum.ieee.org/ocean-buoy
Floods swamp southern China's Guangdong province, sparking fears about region's ability to protect itself
abc.net.au/news/2024-04-22/floods-swamp-southern-china/103755962
China's state planner warns intensified EV price war on oversupply: China's state planner expects an intensified price war among automakers of electric cars and ...
reuters.com/world/china/prices-evs-plug-in-hybrids-fall-chinese-city-shenzhen-state-planner-says-2024-04-22/
Korean army may ban iPhones over security issues, use Samsung phones instead: It appears that the South Korean military is considering a comprehensive ban on the ...
sammobile.com/news/korean-army-may-ban-iphones-over-security-issues-use-samsung-phones-instead/
TikTok warns US ban would 'trample free speech': The US House of Representatives voted on Saturday to ban the app if TikTok's owner does not cut China ties.
bbc.com/news/world-us-canada-68867732
Quick Glance: EU Threatens to Suspend TikTok Lite App Features
- The European Commission has expressed concerns over the 'risks of serious damage for the mental health of users', including minors, regarding the TikTok Lite app.
- TikTok Lite allows users in France and Spain to earn points that can be exchanged for vouchers or gift cards by watching and liking videos.
- The commission is threatening to take interim measures, including suspending the rewards program in the European Union, if TikTok fails to provide a risk assessment.
- The EU has already fined TikTok under the Digital Services Act and could impose further sanctions if the company does not respond to requests or prove safety measures.
Pandemic: More than 50 mutations in 613 days - the mysterious case of a corona patient
welt.de/gesundheit/article251133798/Pandemie-Mehr-als-50-Mutationen-in-613-Tagen-der-raetselhafte-Fall-eines-Corona-Patienten.html
Meta Expands VR Operating System to Third-Party Hardware Makers: Facebook parent company Meta today announced the upcoming expansion of Meta Horizon OS ...
macrumors.com/2024/04/22/meta-expands-vr-operating-system/
China opposes Japan prime minister's offering at Yasukuni shrine: China expressed strong opposition on Monday to a ritual offering made by Japanese Prime ...
reuters.com/world/asia-pacific/china-opposes-japan-prime-ministers-offering-yasukuni-shrine-2024-04-22/
China's weak yuan forces central bank to hold rates steady: BEIJING -- China's central bank has kept key lending rates unchanged again as its monetary ...
asia.nikkei.com/Economy/China-s-weak-yuan-forces-central-bank-to-hold-rates-steady
Paid articlePaid Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024: The stock is sliding, a cheaper electric car is deprioritized and the CEO is riling the ...
bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Paid articlePaidQuick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
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