Andres Manuel Lopez Obrador agrees to build a Tesla plant in Mexico
Tesla gigafactory The state of Nuevo León will house all electric vehicles in Mexico. Elon Musk has chosen the city...
Industry
A Yeezy write-off could cost Adidas up to $750 million this year
Adidas' (ADDYY) decision to terminate its contract with Ye, the rapper known as Kanye West, may result in a $750...
Disney will lay off 7,000 workers as it cuts costs and reorganizes
Disney announced Wednesday that it intends to reorganize into three segments. The media and entertainment conglomerate announced that it would...
Ford will reduce the price of the Mustang Mach-E, following Tesla’s lead
Ford Motor Co cut the price of its electric crossover SUV Mustang Mach-E by up to $5,900 per vehicle on...
