Tesla sales of China-made electric vehicles up 18% in January:
reuters.com/business/autos-transportation/tesla-sold-66051-china-made-vehicles-january-2023-02-03/
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| Last Updated | Feb 03 23 |
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Tesla sales of China-made electric vehicles up 18% in January: Tesla Inc sold 66,051 China-made electric vehicles in January, data published by the China ...
finance.yahoo.com/news/tesla-sold-66-051-china-090831407.html
Tesla Shipments of China-Made Cars Climbed 18% in January: Tesla Inc.’s deliveries from its Shanghai plant rose in January despite the typically quieter Lunar ...
bloomberg.com/news/articles/2023-02-03/tesla-shipments-of-china-made-cars-climbed-18-in-january
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Tesla sales of China-made electric vehicles up 18% in January: Tesla Inc sold 66,051 China-made electric vehicles in January, data published by the China ...
finance.yahoo.com/news/tesla-sold-66-051-china-090831407.html
Tesla Shipments of China-Made Cars Climbed 18% in January: Tesla Inc.’s deliveries from its Shanghai plant rose in January despite the typically quieter Lunar ...
bloomberg.com/news/articles/2023-02-03/tesla-shipments-of-china-made-cars-climbed-18-in-january
Tesla Autopilot investigation closed after feds find 13 fatal crashes related to misuse
techcrunch.com/2024/04/26/tesla-nhtsa-autopilot-investigation-closed-fatal-crashes/
Quick Glance: Investigation of Tesla's Autopilot Recall Effectiveness
- The National Highway Traffic Safety Administration is investigating Tesla's Autopilot recall after 20 more crashes occurred post-recall.
- The recall involved over 2 million vehicles and utilized an online software update to enhance driver warnings.
- Concerns were raised regarding the recall's efficacy as crashes persisted after the fix.
- The investigation aims to determine why post-recall issues were not addressed and whether they pose a safety risk.
Tesla Gains as EV Maker Says It’ll Accelerate Affordable Models
bloomberg.com/news/live-blog/2024-04-23/tesla-first-quarter-earnings
Tesla Stock Rose Again. Three Reasons for the Jump.: Tesla stock has risen for three consecutive days, after falling for seven straight.
on.barrons.com/3QlsIeR
Elon Musk is once again richer than Mark Zuckerberg: Facebook parent Meta's hundred-billion-dollar market cap loss has cost Zuckerberg, while Musk's Tesla stock ...
qz.com/elon-musk-richer-than-mark-zuckerbrg-tesla-meta-earning-1851438236
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Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Tesla’s AutoPilot Recall Gets a Government Probe. No, It’s Not a Stock Issue.: NHTSA is investigating Tesla’s AutoPilot system again. Investors don’t need to ...
barrons.com/articles/tesla-stock-autopilot-recall-9485eb99
Paid articlePaid Elon Musk Is Once Again Richer Than Mark Zuckerberg as Meta Shares Plunge: Mark Zuckerberg’s fortune plunged $20 billion as shares of Meta Platforms Inc. tumbled ...
bloomberg.com/news/articles/2024-04-25/musk-is-once-again-richer-than-zuckerberg-as-fortunes-reverse
Paid articlePaid Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet: Hertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected as it ...
bloomberg.com/news/articles/2024-04-25/hertz-reports-392-million-loss-as-it-unwinds-tesla-fleet-burden
BOJ Governor Ueda's comments at news conference: The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation ...
reuters.com/markets/asia/boj-governor-uedas-comments-news-conference-2024-04-26/
'Negative' factors building in U.S.-China ties, foreign minister Wang tells Blinken
reuters.com/world/blinken-meet-chinese-counterpart-wang-yi-beijing-2024-04-26/
Quick Glance: Blinken warns of Chinese influence attempts and Russia support
- US Secretary of State Antony Blinken warned of Chinese attempts to influence the upcoming US elections, despite a previous commitment from Xi Jinping not to do so.
- Blinken emphasized the importance of cutting off any Chinese interference in the US elections and raised concerns about social divisions in the US.
- Furthermore, Blinken addressed China's support for Russia's defense industrial base and threatened additional action if it continues.
- He also defended the right to protest, discussed ending the conflict in Gaza, and the potential normalization of relations between Israel and Saudi Arabia.
Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
- Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.
- Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.
- Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.
- Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
Honda’s Plan Shows EVs Aren’t Dead. It’s Boosting Tesla.: Honda wants to sell only electric vehicles by 2040. It’s investing billions of dollars in Canada and ...
barrons.com/articles/tesla-honda-plan-ev-production-stock-6183580a
Paid articlePaid More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
- Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).
- The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.
- The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
Musk moves Tesla's goalposts, investors happily move shares higher: It's the millions-of-robotaxis promise again – and all y'all buying it this time ...
theregister.com/2024/04/24/musk_moves_tesla_goalposts_back/
Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Quick Glance: Tesla Profit Decline Alarms Investors
- Tesla's profit fell by 55% in the first quarter due to tepid car sales.
- Revenue dropped by 9% to $21.3 billion.
- Price cuts and job layoffs indicate challenges in cost control.
- Investors concerned about Tesla's declining sales and profits.
Tesla cuts prices around the world as sales decline in a chaotic week: Global vehicle deliveries fall for first time in four years amid growing competition ...
theguardian.com/technology/2024/apr/21/tesla-sales-price-cuts-elon-musk
Hong Kong's Tor Investment Raises $310 Million for Asia Private Credit Fund: Hong Kong-based alternative credit manager Tor Investment Management has raised ...
bloomberg.com/news/articles/2024-04-26/tor-investment-raises-310-million-for-asia-private-credit-fund
Hertz’s Losses on Tesla EVs Bite Into Earnings: Hertz stock sank Thursday after the rental car company reported a steeper-than-expected loss ...
on.barrons.com/3xVaZV9
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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.
Tesla to launch new models ahead of planned timeline, shares jump: Tesla said on Tuesday it had pulled forward the launch of new models, sending its shares up 6% ...
reut.rs/3UektlH
Tesla Drops Its Full Self-Driving Price To $8,000: The drop represents a $4,000 price drop in the United States
pcmag.com/news/tesla-drops-its-full-self-driving-price-to-8000
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%: The Bank of Japan kept its interest-rate target unchanged, a month after it made its first ...
wsj.com/economy/central-banking/bank-of-japan-holds-rates-steady-expects-inflation-to-stay-around-2-76f50174
Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
Paid articlePaid Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
- Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.
- Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.
- The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.
- Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Hong Kong Home Prices Rise for First Time in 11 Months After Curbs Scrapped: Hong Kong home prices rose for the first time in almost a year in March as the ...
bloomberg.com/news/articles/2024-04-26/hong-kong-home-prices-rise-for-first-time-in-11-months-after-curbs-scrapped
Paid articlePaidQuick Glance: Effect of Lifting Restrictions on Hong Kong Home Prices
- In March, Hong Kong saw an increase in home prices for the first time in almost a year following the lifting of property restrictions, leading to a revival in sales.
- The price index for private domestic homes rose by 1.06% from the previous month of February, breaking a 10-month declining trend.
- However, analysts express doubts about the sustainability of this growth as developers work to reduce excess inventory amid high borrowing costs impacting demand.
- The anticipation of prolonged higher interest rates is expected to exert further pressure on the market, potentially causing home prices to decline by an additional 5% to 10% this year if the Federal Reserve's rate adjustments fall short of expectations.
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Hong Kong March home prices up 1.1%, first rise in nearly a year: Hong Kong's private home prices reversed a 10-month falling streak in March, climbing 1 ...
reuters.com/markets/asia/hong-kong-march-home-prices-up-11-first-rise-nearly-year-2024-04-26/
Quick Glance: Hong Kong Real Estate Market: Price Recovery in March
- In March, Hong Kong's real estate market saw a price recovery after the financial city lifted restrictions to boost the ailing market.
- Prices dropped by 1.8% in the first quarter, following a 20% decline from their 2021 peak due to higher mortgage rates and a weak market outlook.
- Nevertheless, prices are expected to remain subdued as property developers rushed to introduce new sales with discounts of up to 30%, attracting buying interest from the secondary market.
- A recent report by real estate agency Ricacorp revealed that 30% of transactions for second-hand homes were sold at a loss in the first quarter, with this trend likely continuing into the second quarter.
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
Meta and Tesla: A Tale of 2 CEOs. Why Musk’s AI Plan Trumps Zuckerberg’s, and 5 Other Things to Know Before Markets Open.
barrons.com/articles/meta-tesla-stock-what-to-know-today-29ea8baa
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Tesla previews ride-hailing experience ahead of August robotaxi unveil: Tesla has shown off a preview of an upcoming ride-hailing feature in its app ahead of an ...
engt.co/3Jxf2JN
Tesla's Cybertruck needs a hole drilled through the accelerator pedal: A user posted a 35-second video on X of him fixing the gas pedal issue that caused a ...
businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04
These are the countries where TikTok is already banned: TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of ...
apnews.com/article/tiktok-bytedance-ban-china-india-376f32d78861e14e65ec4bc78e808a0d
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Tesla Is Not the Next Ford. It’s the Next Con Ed.: Elon Musk’s EV empire is crumbling.
theatlantic.com/technology/archive/2024/04/tesla-cars-batteries-power-company/678168/
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
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Tesla has lowest maintenance and repair cost of any brand: Tesla has the lowest maintenance and repair cost of any brand, according to a new study by Consumer ...
electrek.co/2024/04/22/tesla-lowest-maintenance-repair-cost-any-brand/
Uber and Lyft Stock Fall on Robotaxi Worries. That Doesn’t Make Sense.: Comments from Tesla CEO Elon Musk seem to be putting pressure on shares of the ...
barrons.com/articles/uber-lyft-stock-tesla-robotaxi-8a2cc67a
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Tesla recalls all 3,878 Cybertrucks over accelerator pedal issue - National | Globalnews.ca
trib.al/lNW0Xx7
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
Tesla brings forward new models as profits halve : The EV maker brings forward launch plans for new models as profits drop by more than half.
bbc.com/news/articles/c72pvz18x4lo
A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
apnews.com/article/hong-kong-plastics-ban-pollution-c54df7478e84166fc7f3f69c85bfeab4
Quick Glance: Hong Kong Implements Ban on Single-Use Plastics to Combat Pollution
- New legislation prohibits Styrofoam products and single-use plastic cutlery in Hong Kong
- Single-use cutlery like forks, spoons, straws, and plates can no longer be sold or distributed
- Many restaurants have already started implementing the new measures
- The goal is to curb the throwaway culture and promote reusables to protect the environment
How soon can Tesla get its more affordable car to the market?: Shares jump after carmaker says it is looking to accelerate production of lower-price EVs
theguardian.com/technology/2024/apr/24/how-soon-can-tesla-get-its-more-affordable-car-to-the-market
Quick Glance: Tesla's Rapid Launch of Affordable Cars
- Tesla's plans for more affordable electric vehicles are moving closer.
- To accelerate production, Tesla is deviating from the Model 2 plan and opting for current manufacturing lines.
- The exact costs of the new models are still unclear, but the company anticipates achieving less cost reduction than previously expected.
- Production of the new vehicles could start as early as early 2025, if not late this year.
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reut.rs/3w6qYzd
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
- Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.
- The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.
- Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.
- The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
Paid articlePaid Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
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Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Thailand Pitches to Host Formula One Race to Bolster Tourism: Thailand is staking claim to host a Formula One race, with Prime Minister Srettha Thavisin pitching ...
bloomberg.com/news/articles/2024-04-22/thailand-pitches-to-host-formula-one-race-to-bolster-tourism
Paid articlePaid South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Tesla: EV giant cuts prices in major markets as sales fall: The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024.
bbc.com/news/articles/c1d4g8jz57yo
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?: Tesla Inc. became one of the most valuable companies in the world by proving it was ...
bloomberg.com/news/articles/2024-04-24/tesla-tsla-can-musk-s-robotaxi-dream-help-ev-maker-fix-its-troubles
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 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
China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
Musk promised cheaper Teslas: What if no one wants one?: Tesla investors are celebrating news of cheaper vehicles on the horizon. That assumes lots of people ...
businessinsider.com/will-cheaper-tesla-lure-buyers-ev-demand-2024-4
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo: Tesla said on Tuesday that it will use its existing factories to build new and more ...
reut.rs/4b5CHwE
Tesla’s earnings plunge, but the company promises cheaper car model: Tesla reported its first quarter adjusted earnings plunged 48%, falling short of lowered ...
cnn.com/2024/04/23/business/tesla-report-earnings-result/
Tesla recalls Cybertrucks over accelerator crash risk: The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
bbc.com/news/articles/c9ezp0lv039o
CEOs ask for patience on their big bets on AI: Right now, CEOs are betting big on AI, pouring vast amount of resources and money into the technology ...
businessinsider.com/when-will-companies-monetize-ai-ceos-ask-for-patience-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures: Singapore’s central bank said growth could be driven by the global electronics ...
wsj.com/economy/singapore-economy-likely-to-strengthen-this-year-but-faces-long-term-pressures-2f77cc89
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
Beijing auto show: Foreign automakers eager for Chinese partners: Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking ...
reuters.com/business/autos-transportation/foreign-automakers-eager-chinese-partners-beijing-auto-show-2024-04-26/
Don’t be gloomy about Tesla and its EV rivals: The industry has had a terrible few months. But demand is likely to pick up
economist.com/leaders/2024/04/24/dont-be-gloomy-about-tesla-and-its-ev-rivals
Tesla's Q1 Results Will Be Riveting, But Let's Focus On What Matters: Tesla has been rightfully pressured in recent period, but glimmers of hope for long-term ...
seekingalpha.com/article/4685094-tesla-q1-results-riveting-focus-on-what-matters
Paid articlePaid Did Meta Just Burst The Big-Tech Bubble?: Given the high valuations, and limited growth potential, the big tech is in a bubble. Read more to see if Meta just ...
seekingalpha.com/article/4686066-did-meta-just-burst-the-big-tech-bubble
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China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
Paid articlePaidQuick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
China’s edge in flying cars and an Asian tag-team in AI: The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
ft.com/content/096fef79-df19-4cf4-9502-a4154550eafc
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Hermes Defies Luxury Slowdown With Sales Jump in Asia: Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a ...
bloomberg.com/news/articles/2024-04-25/hermes-defies-luxury-slowdown-with-sales-jump-in-asia
Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
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