Tesla unveiled cheaper, shorter-range Model S and Model X electric vehicles
With an intriguing twist, Tesla (TSLA) unveiled less expensive versions of its higher-end Model S and Model X sedans. Tesla...
Industry
After Zachary Kirkhorn’s resignation, Tesla names a new financial director
Elon Musk's company did not specify the reason for Kirkhorn's departure; he had worked for Tesla for 13 years and...
Ferrari increases its forecast after profits soar as more consumers customize their sports cars.
As more of its clients selected pricey "personalization" options for their new sports vehicles, Ferrari said on Wednesday that its...
Due to nearshoring, 80 companies from South Korea want to invest in electronics and semiconductors in Mexico
A group of 80 electromobility, electric vehicle, and semiconductor manufacturers from South Korea are interested in investing and making Mexico...
Five days after debut, Meta’s Threads app had 100 million signups
Today, Meta Platforms Inc. revealed that more than 100 million people had downloaded the brand-new social networking software Threads. The...
Automakers warn that Biden’s drive for electric vehicles is doomed to collapse
According to two of the biggest automakers in the world, Joe Biden's rush to adopt electric vehicles runs the risk...
Glass bottling facilities are closing after the boycott of Bud Light hit sales, leaving 600 workers without jobs
Sales of Bud Light have been declining, and this affects more than just the beer company. Two glass bottling operations,...
How the United States is attempting to break Ticketmaster’s monopoly in the sale of tickets
A new law proposal that is moving quickly through the California legislature was presented as a result of a frustrating...
As second-quarter EV deliveries exceed expectations, Rivian shares rise
After the manufacturer of electric vehicles exceeded Wall Street projections for quarterly deliveries, Rivian Automotive's stock price increased 17.4% on...
Mexico one of the main competitors in nearshoring
According to the Mexican Business Council for Foreign Trade, Investment, and Technology, Southeast Asia and Eastern Europe are Mexico's biggest...
