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Oil prices edged up on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude ... Show more   https://www.dawn.com/news/1724800/oil-prices-rise-after-opec-keeps-output-cut-targets-china-eases-covid-curbs

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Profile picture of The Orange County Register
Anaheim police unveil new Tesla patrol cars: The electric vehicles are expected to have lower operating costs and be easier to come by than the traditional model ...
ocregister.com/2024/04/16/anaheim-police-unveil-new-tesla-patrol-cars/
Anaheim police unveil new Tesla patrol cars
Quick Glance: Anaheim Police Introduce New Tesla Patrol Vehicles
  • Anaheim police will soon start using electric Tesla Model Ys as patrol vehicles in a pilot program to keep more officers on the road.

  • The Police Department has 83 patrol vehicles that are aging and breaking down more often. The need is critical as the patrol fleet is depleted, leading to insufficient vehicles for proper officer deployment.

  • The six purchased Model Ys will be put in service after 16 officers are trained to use them. The electric vehicles will be charged at police stations with level-two chargers and refueled with Tesla Superchargers during 24-hour shifts.

  • The Teslas are expected to be cheaper to operate but have a higher initial cost. The department plans to evaluate the performance of electric vehicles during the pilot program to determine potential future purchases.
Profile picture of The Hill (newspaper)
Tesla slashes prices amid slumping sales: Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces ...
thehill.com/business/4610375-tesla-slashes-prices-amid-slumping-sales/
Tesla slashes prices amid slumping sales
Profile picture of The Drive
F1 Drivers Surprised by China Track That's Been 'Repainted, Not Resurfaced'
thedrive.com/news/f1-drivers-surprised-by-china-track-thats-been-repainted-not-resurfaced
F1 Drivers Surprised by China Track That's Been 'Repainted ...
Profile picture of Insider (news website)
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week
Profile picture of Mashable.com
Tesla cuts prices after massive Cybertruck recall: The Model Y is currently sitting at the cheapest price it's ever been.
mashable.com/article/tesla-drop-prices-for-several-cars-excluding-cybertruck
Tesla cuts prices after massive Cybertruck recall
Profile picture of rtl.de
Formula 1: Zhou Guanyu bursts into tears after Shanghai race!: What emotional scenes! After the Chinese driver crosses the finish line, tears stream down his ...
rtl.de/cms/formel-1-zhou-guanyu-bricht-nach-shanghai-rennen-in-traenen-aus-5084601.html
Formula 1: Zhou Guanyu bursts into tears after Shanghai race!
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Electric car lull: Tesla announces 400 job cuts in Grünheide: The planned worldwide job cuts at Tesla also affect the US electric car manufacturer's only ...
spiegel.de/wirtschaft/tesla-kuendigt-abbau-von-400-stellen-in-gruenheide-an-a-39de0723-4562-4f8a-a08b-92d56416a351
Electric car lull: Tesla announces 400 job cuts in Grünheide
Profile picture of Nikkei Asia
China's technological development has run out of steam: Nina Xiang is managing director at TH Capital, an investment advisory and asset management firm ...
asia.nikkei.com/Opinion/China-s-technological-development-has-run-out-of-steam
China's technological development has run out of steam
Profile picture of CNN.com
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/
Tesla cuts prices in US, China and Germany as competition heats up
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.
Profile picture of Insider (news website)
Tesla stock price hits 52-week low after another round of price cuts: "Tesla prices must change frequently in order to match production with demand ...
markets.businessinsider.com/news/stocks/tesla-stock-vehicle-model-y-price-cuts-tsla-elon-musk-2024-4
Tesla stock price hits 52-week low after another round of price cuts
Profile picture of El País
China’s big cities are sinking: Groundwater extraction and heavy skyscrapers are key factors in an accelerating trend
english.elpais.com/science-tech/2024-04-19/chinas-big-cities-are-sinking.html
China’s big cities are sinking
Profile picture of Foreign Affairs
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
The Five Futures of Russia: And How America Can Prepare for Whatever Comes ...
Profile picture of Investor's Business Daily
Elon Musk Says This Is 'Blindingly Obvious.' Cathie Wood Keeps Buying.: Elon Musk took to X claiming it makes sense to focus on autonomous driving ...
investors.com/news/tesla-stock-elon-musk-blindingly-obvious-to-focus-on-autonomy-cathie-wood-keeps-buying/
Elon Musk Says This Is 'Blindingly Obvious.' Cathie Wood Keeps ...
Profile picture of Auto Bild
Tesla Model Y (2024): all information, prices and tests: The Tesla Model Y is the SUV brother of the Model 3 and no less than the best-selling car in the world ...
autobild.de/marken-modelle/tesla/model-y/
Tesla Model Y (2024): all information, prices and tests
Profile picture of South China Morning Post
China shows off nuclear might ahead of top US diplomat Antony Blinken’s visit: China showed off its nuclear second-strike capability – the ability to hit back ...
scmp.com/news/china/military/article/3260089/china-shows-nuclear-might-ahead-top-us-diplomat-antony-blinkens-visit
China shows off nuclear might ahead of top US diplomat Antony Blinken’s ...
Profile picture of TheStreet
Etsy entrepreneur exposes Tesla shortcomings to new owners taking delivery: Quality control is so bad at Elon Musk's automaker that new Tesla owners are taking ...
thestreet.com/electric-vehicles/an-etsy-entrepreneur-is-exposing-teslas-shortcomings-to-new-owners-taking-delivery
Etsy entrepreneur exposes Tesla shortcomings to new owners taking delivery
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
  • Per Lekander labels Tesla as the largest stock market bubble in modern history.

  • He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.

  • Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
Profile picture of Secret Flying
Vilnius, Lithuania to Shanghai, China for only €350 roundtrip: Cheap flights from Vilnius, Lithuania to Shanghai, China for only €350 roundtrip with Scandinavian ...
secretflying.com/posts/vilnius-lithuania-to-shanghai-china-for-only-e370-roundtrip/
Vilnius, Lithuania to Shanghai, China for only €350 roundtrip
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Profile picture of CNBC
Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem
cnbc.com/2024/04/16/tesla-layoffs-send-shares-down-on-concerns-about-weakening-demand.html
Tesla job cuts heighten Wall Street concerns that EV maker faces a demand ...
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Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market
scmp.com/business/china-business/article/3259873/teslas-closest-chinese-rival-li-auto-slashes-prices-ev-discount-war-spreads-premium-market
Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war ...
Profile picture of Forbes
U.S. Is Preparing To Sanction Chinese Banks Supporting Russia, Report Says: U.S. officials have expressed concerns that trade between China and Russia has ...
forbes.com/sites/siladityaray/2024/04/23/us-is-preparing-to-sanction-chinese-banks-supporting-russia-report-says/
U.S. Is Preparing To Sanction Chinese Banks Supporting Russia, Report Says
Profile picture of Quartz
Elon Musk's Tesla is having a brutal 2024. Here's how it went wrong: The issues plaguing the electric vehicle maker have sent sales plunging, the stock spiraling ...
qz.com/tesla-elon-musk-stock-layoffs-sales-evs-1851411491
Elon Musk's Tesla is having a brutal 2024. Here's how it went wrong
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Japan 'two-faced' for seeking closer ties while warning of China threat, Chinese state media says
reuters.com/world/asia-pacific/japan-two-faced-seeking-closer-ties-while-warning-china-threat-chinese-state-2024-04-18/
Japan 'two-faced' for seeking closer ties while warning of China threat ...
Profile picture of Electrek
BYD unveils luxurious Sea Lion 07 mid-size electric SUV interior poised to rival Tesla’s Model Y
electrek.co/2024/04/22/byd-unveils-luxurious-sea-lion-07-interior-rival-tesla-model-y/
BYD unveils luxurious Sea Lion 07 mid-size electric SUV interior poised to ...
Profile picture of Nikkei Asia
China's Gen Z turns frugal as economy doubts linger: SHANGHAI/NEW YORK -- At 24 years old, Zhang Ru is not a target customer of the Shanghai community dining ...
asia.nikkei.com/Spotlight/Asia-Insight/China-s-Gen-Z-turns-frugal-as-economy-doubts-linger
China's Gen Z turns frugal as economy doubts linger
Profile picture of Bloomberg
Copper at Risk of Pullback as Buying in China Stalls After Rally: Copper’s powerful rally close to $10,000 a ton is facing a test as buyers in China ...
bloomberg.com/news/articles/2024-04-23/copper-at-risk-of-pullback-as-buying-in-china-stalls-after-rally
Copper at Risk of Pullback as Buying in China Stalls After Rally
Profile picture of South China Morning Post
Japan’s new aircraft carrier Kaga ruffles feathers in China and raises questions about commitment to pacifist constitution
scmp.com/news/china/diplomacy/article/3258951/japans-new-aircraft-carrier-kaga-ruffles-feathers-china-and-raises-questions-about-commitment
Japan’s new aircraft carrier Kaga ruffles feathers in China and raises ...
Profile picture of The Straits Times
Apple faces worst iPhone slump since Covid-19 as China rivals rise: The iPhone-maker’s steep sales decline comes after its strong performance in the December ...
straitstimes.com/business/apple-s-iphone-shipments-plunge-10-as-android-rivals-rise
Apple faces worst iPhone slump since Covid-19 as China rivals rise
Quick Glance: iPhone sales plummet. Here's why
  • Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.

  • Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.

  • The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.

  • Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
Profile picture of GulfNews
Regular flights between Saudi Arabia and China to launch from April 27: Three flights per week from Shanghai to Riyadh directed during the summer season of 2024
gulfnews.com/business/aviation/regular-flights-between-saudi-arabia-and-china-to-launch-from-april-27-1.1713873601738
Regular flights between Saudi Arabia and China to launch from April 27
Profile picture of The Straits Times
Malaysia’s King is world’s first private owner of China’s most expensive car: The Hongqi L5 is currently available only in China.
straitstimes.com/asia/se-asia/malaysia-s-king-is-world-s-first-private-owner-of-china-s-most-expensive-car
Malaysia’s King is world’s first private owner of China’s most expensive ...
Profile picture of Electrek
Jeep says its new Wagoneer S electric SUV can rival Tesla’s Model Y to charge up sales
electrek.co/2024/04/15/jeep-new-wagoneer-s-electric-suv-rival-tesla-model-y/
Jeep says its new Wagoneer S electric SUV can rival Tesla’s Model Y to ...
Profile picture of Nikkei Asia
China's new fashion trend incorporates traditional elements: SHANGHAI -- "Neo-Chinese style," a mixture of classical attire and everyday clothes ...
asia.nikkei.com/Business/Business-trends/China-s-new-fashion-trend-incorporates-traditional-elements
China's new fashion trend incorporates traditional elements
Profile picture of Quartz
Apple iPhone sales had their biggest decline since the pandemic: Samsung has now topped Apple as the world's top smartphone seller
qz.com/apple-iphone-smartphone-sales-slump-covid-samsung-1851410066
Apple iPhone sales had their biggest decline since the pandemic
Profile picture of Nikkei Asia
Chinese workers need more skills for the country's economic pivot: Wei Li is a senior lecturer in international business at the University of Sydney Business ...
asia.nikkei.com/Opinion/Chinese-workers-need-more-skills-for-the-country-s-economic-pivot
Chinese workers need more skills for the country's economic pivot
Profile picture of Motor Trend
Does a New Korean-Market Hyundai Ioniq 5 Spell Changes for the U.S. Version?: The KDM N Line could be a preview of things to come in North American Ioniq 5 EVs.
motortrend.com/news/2025-hyundai-ioniq-5-first-look-review/
Does a New Korean-Market Hyundai Ioniq 5 Spell Changes for the U.S ...
Profile picture of Insider (news website)
Huawei just gave Tim Cook a new headache in China: Apple CEO Tim Cook is desperately fighting to keep selling iPhones to Chinese consumers ...
businessinsider.com/apple-iphone-sales-china-new-headache-huawei-pura-70-2024-4
Huawei just gave Tim Cook a new headache in China